Native name | SAIL |
---|---|
Company type | Public |
NSE: SAIL BSE: 500113 LSE: SAUD | |
Industry | Steel |
Founded | 19 January 1954 |
Headquarters | New Delhi, India |
Key people | Amarendu Prakash (Chairman)[1] |
Products | Steel, Metal R&D, flat steel products, long steel products, wire products, Wheel & axle for Indian Railways, plates |
Revenue | ₹106,445 crore (US$13 billion) (2024)[2] |
₹4,903 crore (US$590 million) (2024)[2] | |
₹3,067 crore (US$370 million) (2024)[2] | |
Total assets | ₹140,709 crore (US$17 billion) (2024)[2] |
Total equity | ₹57,101 crore (US$6.8 billion) (2024) [2] |
Owner | Government of India |
Number of employees | 54,431 (1 September 2024) |
Subsidiaries | |
Website | www |
Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi. It is the largest government-owned steel producer,[3] with an annual production of 18.29 million metric tons.[4] Incorporated on 24 January 1973, SAIL has 54,431 employees and is under the administrative control of the Ministry of Steel.
SAIL operates and owns five integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro and Burnpur (Asansol) and three special steel plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro Alloy plant at Chandrapur. It also has an R&D Centre for Iron & Steel (RDCIS) and a Centre for Engineering in Ranchi, Jharkhand.[5]
The company has a total of 692 patents globally, out of which 343 have been granted. More than 64% of the 692 patents are active. SAIL has filed the maximum number of patents in India, followed by Egypt and Germany.