Chotanagpur area along with the region, which includes a part of West Bengal, Orissa, Bihar and Eastern Madhya Pradesh accounts for the highest concentration of minerals in India. It is also called the Damodar basin.It is the most important centre where coal, which is a raw material in Iron and Steel industry, is found in abundance. It is good for smelting iron-ore.Iron-ore is found in abundance and it occurs with coal in close proximity which favours the installment of iron and steel industry in this region.Other supplement minerals e.g. manganese, bauxite and limestone are found in this part of the plateau in abundance.Water, which is required, is provided by Damodar river and its tributaries, which is a perrineal source of water.Cheap and sturdy labour from the tribes of Chotanagpur and from neighboring mining areas is available.This area possesses a fine network of railways and roadways which help in easy transportation of the raw materials and finished products.The area is near the port which helps in import of machinery and export of manufactured steel. Steel is locally consumed by Ranchi factory, etc.