Steel Authority of India Limited (SAIL)
Steel Authority of India Limited (SAIL) is one of the largest state-owned steel
making company based in New Delhi, India and one of the top steel makers in world.
With an annual turnover of INR49350 crore (US$8.0 billion) (FY 2012-13). It is a
public sector undertaking which trades publicly in the market is largely owned by
Government of India and acts like an operating company. Incorporated on 24 January
1973, SAIL has 101,878 employees (as on 31-Mar-2013). With an annual production
of 13.5 million metric tons, SAIL is the 24th largest steel producer in the world.
The company's current chairman is C.S. Verma. SAIL operates and owns 5 integrated
steel plants at Rourkela, Bhilai, Durgapur, Bokaro and Burnpur and 3 special steel
plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro Alloy plant at Chandrapur.
part of its global ambition the company is implementing a massive expansion plan
involving project work of building new facilites with emphasis on state of the art
green technology. SAIL is a public sector company, owned and operated by the Government
of India. According to a recent survey, SAIL is one of India's fastest growing Public
Sector Units.Besides, it has R&D centre for Iron & Steel (RDCIS), Centre for Engineering
and Technology (CET), Management Training Institute (MTI) and SAIL Safety Organization
(SSO) located at Ranchi capital of Jharkhand.