About Sail steel Authority Of India Limited
Steel Authority of India Limited (SAIL) is an Indian state-owned steel making company based in New Delhi, India. It is a public sector undertaking, owned and operated by the Government of India with an annual turnover of INR 44,452 Crore (US$6.83 Billion) for fiscal year 2016-17. Incorporated on 24 January 1973, SAIL has 71,297 employees (as of 01-Aug-2019). With an annual production of 14.38 million metric tons, SAIL is the 20th largest steel producer in the world and the 3rd largest in India. The Hot Metal production capacity of the company will further increase and is expected to reach a level of 50 million tonnes per annum by 2025. Sri Anil Kumar Chaudhary is the current Chairman of SAIL.
SAIL operates and owns 5 integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro and Burnpur(Asansol) and 3 special steel plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro Alloy plant at Chandrapur. As a part of its global ambition, the company is undergoing a massive expansion and modernization programme involving upgrading and building new facilities with emphasis on state of the art green technology. According to a recent survey, SAIL is one of Indias fastest growing Public Sector Units. Besides, it has R&D centre for Iron & Steel (RDCIS), centre for Engineering in Ranchi, Jharkand.