28-Oct-2022: SAIL signs Agreement with AAI to facilitate commercial operations at Rourkela Airport under the RCS UDAN scheme.

The Steel Authority of India Limited (SAIL) and the Airport Authority of India (AAI), signed an Operation and Management (O & M) agreement today in New Delhi to facilitate commercial operations from Rourkela in the state of Odisha.

SAIL, in 2018, had signed a MOU for the use of its own airport, under the UDAN scheme, for the operation of commercial flights. Now, SAIL has signed the O&M contract with AAI, through its Rourkela Steel Plant, to facilitate the commencement of commercial flights from Rourkela. The Ministry of Civil Aviation has provided financial support for the up-gradation of this airport. The government of Odisha will provide the security, fire, and ambulance services, besides helping with other local clearances. AAI, on behalf of SAIL-Rourkela Steel Plant, will operate and manage the airport.

The airport will provide relief to all air travellers from the industrial town of Rourkela and the surrounding areas. The commencement of air services is also important in view of the forthcoming Hockey World Cup, where 20 out of the total 44 matches are being held at Rourkela in January 2023. This global event will witness a huge footfall in Rourkela during the period and the requirement for air connectivity to the city will be a major necessity for logistical reasons.

SAIL, one of the largest steel companies in the country and a ‘Maharatna’ CPSE, has been actively participating in the development of peripheral areas around its production facilities. This endeavour, in the public interest, is likely to boost economic activity in this region.

28-Sep-2022: Steel Authority of India Limited (SAIL) Posts Best Ever Production Performance of 18.733 Million Ton Hot Metal & 17.37 Million Ton Crude Steel During 2022 Fiscal

Steel Authority of India Limited (SAIL) held its 50th Annual General Meeting, today at Company’s headquarter in  New Delhi. Smt. Soma Mondal, Chairman, SAIL addressed the shareholders in the meeting, held through a virtual platform.

 In her address Smt. Mondal highlighted the achievements of the Company during fiscal 2021-22  underlined  the future action plan of the Company. SAIL has posted the best ever production performance by producing 18.733 million tonne (MT) of hot metal and 17.366 MT of crude Steel during FY’22.  For the first time the Company entered  into the elite club of Indian Companies having a turnover above rupees one  lakh crore. The turnover of Rs. 1.03 lakh crore during FY’22 saw substantial growth of more than 50% over the previous best of Rs.68452 crore achieved during FY’21. The increase in turnover coupled with improved operational performance helped the Company achieve its highest ever numbers in terms of profitability.

Smt Mondal described the year  2022 as a milestone year for the country as India completed 75 glorious years of independence and  denoted it as an extraordinary milestone in the journey of modern India which assumes further significance in the light of India’s preparedness to gravitate forward into India 2.0. SAIL  is prepared to contribute to this growth story of India by capitalizing on the intrinsic strength and resources at disposal , the Chairman added.

Smt Mondal highlighted  SAIL’s role as a conscientious ethical corporate and stated that the focus is on meeting the ESG goals. In times to come, SAIL would be making many more interventions to curtail carbon emission to meet global standards. With due emphasis on sustainability, the Company is continuously improving upon its processes, product basket, policies while building an ambitious roadmap for the future, the Chairman further stated.

23-May-2022: SAIL Celebrates Fifty years of Incorporation with a Special Logo

Steel Authority of India Limited (SAIL), the Maharatna steelmaking public sector unit, is celebrating the company’s fifty years of incorporation this year in 2022. SAIL was incorporated on 24th January, 1973.

SAIL’s legacy of fifty years is being celebrated with the launch of a new commemorative logo and will be followed by several events to be held all across the company throughout the year. The design of the commemorative logo retains the essence of SAIL’s company logo while bringing out the spirit of fifty years of journey of this company. The logo was launched by Smt. Soma Mondal, Chairman, SAIL in presence of the Company’s directors here today.

This feat is a testimony of the company’s sustained efforts and initiatives in ensuring better stakeholders’ engagement and contribution in nation building over the years.

14-Sep-2017: SAIL’s retail sales gets boost with SAIL’s Gaon Ki Ore campaign

Steel Authority of India Ltd. (SAIL), is running a nation-wide campaign "SAIL steel – Gaon Ki ore" which is aimed at boosting steel consumption in country. This has started to reflect positively through the dealer sales numbers, which recorded an 18% jump in the month of August 2017 over CPLY selling 91,000 tonnes of steel in the month. SAIL targets to sell 1 Million Tonnes steel through its dealer network this financial year and aims at doubling it in next three financial years.

SAIL had identified the potential of rural markets for enhancing steel consumption which is currently around 10 kgs per capita per year as against around 150 Kg per capita consumption in Urban India.

The Gaon Ki ore campaign is designed to familiarize end users at the Grass-root level, especially of rural areas, with innovative usage of SAIL steel and its applications and advantages in construction, household equipment, agriculture etc. Through engagement activities the audience are informed how using SAIL steel can increase durability, life, safety and longevity of any construction and product. SAIL’s product basket has branded products like SAIL TMT, SAIL Jyoti GP/GC sheets, Salem stainless utensils products in its basket which fit the rural requirements well and has popular acceptance.

Through this nation-wide campaign initiated at Nalbari, Assam, SAIL aims to cover more than 100 locations by the end of this year and within months of its inception around twenty workshops have already been conducted in various states. This new age marketing campaign strategically aims to develop a stronger link with consumers through direct engagement. All workshops of the campaign are designed to familiarize participants about SAIL’s production process, product range, applications and advantages and the interactive sessions are conducted in local language for easier connect with audience. SAIL Earth-Quake Resistant (EQR) TMT Rebars received special attention of the audience who were keen to know regarding the bendability of the EQR and its higher resistance to earthquakes.

Company’s recently held campaign at Mandi, Himachal Pradesh successfully involved a wide participation from locals and their families. Taking the buzz forward, SAIL organized another round in Palampur today, integrating it with an on-going exhibition on ‘Destination Himachal’ leveraging the crowd presence to raise awareness about steel consumption.