Steel Authority of India (SAIL) is planning to add more specialised products in its portfolio catering to varied sectors across the industry. In this regard, the company will invest over Rs 7,000 crore for the value addition and product mix improvement under its modernisation and expansion plan.
After the expansion and modernisation, the proportion of branded products in the company’s portfolio is expected to go up to around 25% from current 15%.
Branded products in SAIL’s retail channel will also increase from 0.5 million tonne per annum (mtpa) to one mtpa after the modernisation and expansion of the company’s IISCO Steel Plant and the launch of a new cold-rolling mill at its Bokaro Steel Plant.
SAIL is India's largest steel producing company. With a turnover of Rs 49,350 crore, the company is among the five Maharatnas of the country's Central Public Sector Enterprises. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
After the expansion and modernisation, the proportion of branded products in the company’s portfolio is expected to go up to around 25% from current 15%.
Branded products in SAIL’s retail channel will also increase from 0.5 million tonne per annum (mtpa) to one mtpa after the modernisation and expansion of the company’s IISCO Steel Plant and the launch of a new cold-rolling mill at its Bokaro Steel Plant.
SAIL is India's largest steel producing company. With a turnover of Rs 49,350 crore, the company is among the five Maharatnas of the country's Central Public Sector Enterprises. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
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