Steel Authority of India Limited (SAIL) is one of the largest state-owned steel makers in India. With a turnover of Indian Rupee 48,681 crore (US$10.81 billion), the company is among the top five highest profit earning corporates of the country. It is a public sector undertaking which trades publicly in the market is largely owned by Government of India and acts like an operating company. Incorporated on January 24, 1973, SAIL has more than 131,910 employees. The company's current chairman is C.S Verma. With an annual production of 13.5 million metric tons, SAIL is the 16th largest steel producer in the world.
Steel Authority of India Limited (SAIL)