Steel Authority of India Limited

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Introduction

Steel Authority of India Limited (SAIL) is a successor substance to Hindustan Steel Limited (HSL) that was established on January 19, 1954. HSL was commanded by the Government of India (GoI) to lay the framework for fast industrialization of another country. At first HSL was intended to oversee just a single Integrated Steel Plant (ISP) at Rourkela (RSP) worked with IndoGerman cooperation. The preparatory works of the two different ISPs at Durgapur (DSP) and Bhilai (BSP) were finished by Iron and Steel Ministry. In this manner, from April, 1957, the supervision and control of these two plants were additionally exchanged to HSL. A fourth ISP at Bokaro worked with Russian (then Indo-USSR) joint effort came up freely as Bokaro Steel Limited (BSL) in 1964. By 1972-73, the four ISPs were creating 4 Million Metric Tons for every Annum (MTPA) of rough steel, up from 0.158 MTPA in 1959-60.

In the ensuing three decades, SAIL grew up to comprise of 5 ISPs, 3 Special Steel Plants (SSP) and one backup (Maharastra Electrosmelt Limited - MEL) and one unmanageable unit spread more than 7 states. It is the 21st biggest maker of steel on the planet and the biggest in India with more than 20% local piece of the overall industry for completed steel (2008). It is the second biggest maker of iron metal in India (23.4 MTPA in 2009-10). Its promoting system of 37 branches, 67 stockrooms, 26 client contact workplaces and more than 2500 merchants secured all regions of India. Cruise has its own R&D focus, Management Training Institute and Centre for Engineering and Technology. Cruise sends out steel to 20 nations in the European Union, Middle East, South East Asian and neighbouring nations. Cruise utilized around 1.15 lakh representatives.^[1]

Vision

SAIL has a pure vision of to be the world’s most trustworthy and innovative manufacturer in the steel industry and to generate an employees that unreservedly shares material across the whole initiative to provide innovative solutions.

Mission:

SAIL aims to provide customer delight, operational excellence and care of the environment. It also aims to provide a knowledge distribution atmosphere, with workforces and management to espouse knowledge management culture to exertion in a unified and connected way; make a stage to empower clienteles for self service; to provide to the varied material need across the corporation to make it more well-organized, defensible and strong for the future.

Goal 1- Customer delight: there ultimate pleasure lies in making their customers delighted by providing them excellent quality at their comfort.

Goal 2- Operational Excellence: SAIL has set new height at its operations excellence we have always been diligent at it. They set new milestone for themselves and to achieve then before deadlines after all their competitions.

Goal 3- Care for the Environment: they have been very close to environment since their inception. They have got their love towards nature in inheritance.