With reference to 'Establishment of factories in India', which of the following statements is/are correct?
I. The first jute mill in the country was established in 1917 by a Marwari businessman Hukum Chand.
II. Jamshedji Tata established Tata Iron and Steel Company (TISCO) in 1907 at Sakchi in Bihar.
1
Only I
2
Only II
3
Both I and II
4
More than one of the above
5
None of the above