The iron and steel industry is basic to the industrial development of any country. Almost all sectors of the Indian Industry depend heavily on the Iron and Steel industry for their basic infrastructure.
Important Points
After Independence, during the Second Five Year Plan (1956-61), new Integrated steel plants were set-up with foreign collaboration. These are as follows:
| Steel Plant | Set-up year | Place | Collaboration |
| Rourkela Steel Plant | 1959 | Sundargarh district in Odisha | Germany |
| Bhilai Steel Plant | 1959 | Durg district of Chattisgarh | Russian |
| Durgapur Steel Plant | 1962 | West Bengal | United Kingdom |
| Bokaro Steel Plant | 1964 | Bokaro, Jharkhand | Russian |
From the above, we can conclude that the Rourkela steel plant was set up in collaboration with Germany.

