Visvesvaraiya Iron and Steel Works Ltd. was initially known as

Mysore Iron and Steel Works

The correct answer is Option (3) → Mysore Iron and Steel Works

Visvesvaraiya Iron and Steel Works Ltd. (VISL) was initially known as the Mysore Iron and Steel Works. The foundation stone for the plant was laid in 1923 and it was set up with the assistance of the British Government.