The real beginning of modem iron and steel industry was made in 1907 only when Tata Iron and Steel Company (TISCO) were set up at Jamshedpur (Sakchi at that time). The Indian Iron and Steel Company (IISCO) were set up in 1919 at Bumpur followed by the setting up of Mysore Steel Works at Bhadravati (now Visveswaraya Iron and Steel Works) in 1923.