Scribd
Upload
18 views6 pages

SAIL: India's Largest Steel Producer

Steel Authority of India Ltd (SAIL) is India's largest steel producer. In 2008, SAIL produced 13.7 million metric tons of steel, ranking 21st globally. Formed in 1972 through the nationalization of Hindustan Steel, SAIL has expanded production capacity through the 1990s and 2000s, including acquiring Indian Iron and Steel Company in 2006. SAIL aims to further increase production capacity to meet India's growing demand for steel.

Uploaded by

isha4u
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
18 views6 pages

SAIL: India's Largest Steel Producer

Steel Authority of India Ltd (SAIL) is India's largest steel producer. In 2008, SAIL produced 13.7 million metric tons of steel, ranking 21st globally. Formed in 1972 through the nationalization of Hindustan Steel, SAIL has expanded production capacity through the 1990s and 2000s, including acquiring Indian Iron and Steel Company in 2006. SAIL aims to further increase production capacity to meet India's growing demand for steel.

Uploaded by

isha4u
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

STEEL AUTHORITY OF INDIA LTD

• Steel Authority of India (SAIL) is the largest steel


producer in India
• In 2008, SAIL ranked 21st among the steel
producing companies with an amount of 13.7
mmt.
• In 2007-08, its revenues stood at Rs.45, 685
crore, more than twice the sales of Tata Steel,
the second largest company in the industry
EXPANDING HORIZON
• Hindustan Steel Private Limited was set up on
January 19, 1954
• 1972 - The Ministry of Steel and Mines drafted a
policy statement to evolve a new model for
managing industry formation of Steel Authority
of India Ltd
• Till 1990, the Indian steel industry operated
under a regulated environment with insulated
markets and large scale capacities reserved for
the public sector
• 1992 - onset of liberalization and the Indian
economy was opened to the world
• The late 1990’s saw the expansion of the
production capacities of SAIL. This was partly
done through external borrowing
• February 2006 - SAIL amalgamated its wholly
owned subsidiary, Indian Iron and Steel
Company
PERFORMANCE OVER THE YEARS
FUTURE GOALS

You might also like