STEEL AUTHORITY OF INDIA (SAIL)

After the accident of bhilai plant The chairman Ajay kumar Chaudhary see lots of tailwinds as well in the SAIL industries.Domestic demand of steel was on rise 79.98 million tonne steel rised by the steel industries.

New cost allocation and modernisation plan Rs.72134 crore added by the Ajay Kumar due to Expanding growth capacity or another expansion of Plant SAIL is still Moving forward company in steel industries.

Dhruv Muchhal says "SAIL is cushioned by Captive Resources when IT comes to Raw Material employee cost is a big issue"(Motilal Oswal Financial Services)

Further,Expansion of future Modernisation and expansion will include both brownfield and greenfield projects.Revenue growth and Debt Equity Ratio Compared to last Year 2017-18.

Tata steel and JSW group also looking for best capabilities for investing more employees or production Capacity by Year 2021-22.

SAIL production is down but company still planning for the best production for the Big demand 

Talk With "Arcelor Mittal " First Runner for steel maker in the World .Due to lack of technology and another issue of Reducing cost SAIL Planning for the Best Expansion and modernisation capacity of the Industry.

Merger and Acquisition with Arcelor Mittal in the Month of september.But they are busy with acquisition of essar steel deal would be not accomplished by the SAIL.

In the greenfield project state of Odisha producing 3 MT to 6 MT steel.SAIL is low producing but it must be moving faster to given Competition in the Compare to Tata steel and JSW group.

So,SAIL company expanding growth in the future period of time with modernaisation and employee Growth.

"THE FIRE IS STILL BURNING AND DESIRE IS THERE IF EVERYTHING GOES WELL, WE SHOULD HAVE THE PRIVILEGE TO BE THE LARGEST STEELMAKER IN THE COUNTRY" says Anil Kumar chaudhary

By .....Helly Vyas.