SAIL
Steel Authority of India Ltd
Industry: Iron & Steel
MarketCap: .... Rank : ...
Steel Authority of India Ltd
Industry: Iron & Steel
MarketCap: .... Rank : ...
Overview
Steel Authority of India Limited (SAIL) is a Maharatna public sector undertaking under the Ministry of Steel, Government of India. It is the largest steel producer in India, with an annual production capacity of 18.29 million metric tons. SAIL has five integrated steel plants, three special steel plants, and one subsidiary. The company's products are used in a wide range of industries, including construction, infrastructure, automobiles, and railways.
History
SAIL was formed in 1973 by the merger of five government-owned steel plants: Bhilai Steel Plant, Bokaro Steel Plant, Durgapur Steel Plant, Rourkela Steel Plant, and IISCO Steel Plant. The company's headquarters are located in New Delhi.
How it operates
SAIL's integrated steel plants produce steel from iron ore, coal, and limestone. The company also has a number of special steel plants that produce specialized steel products for specific industries. SAIL's products are sold both domestically and internationally.
The future
SAIL is planning to expand its production capacity to 25 million metric tons by 2025. The company is also investing in new technologies to improve its efficiency and reduce its environmental impact.
Conclusion
SAIL is a major player in the Indian steel industry. The company has a long history of production and a strong track record of profitability. SAIL is well-positioned to continue to grow in the future.
Official website
The official website of Steel Authority of India Ltd is https://sail.co.in/
Milestones
Additional information and interesting facts
Brands and companies
Some of the brands and companies associated with SAIL include: