What do you mean by Mineral-based Industries?
Mineral-based industries are those industries that operate on minerals or mineral-ores as raw materials. The products of these industries are needed and utilized as raw materials by other industries to create other usable products. Examples of these industries are steel and iron industries and heavy-machinery industries. The iron made in the mineral-based industries is used by other industries to create other iron products such as heavy machinery, building materials etc.
According to the 2018 ranking, India stood in the second position among the world's (unrefined) steelmakers, whereas it took first place in the list of the biggest wipe iron makers.
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