Analysis of Sail
Analysis of Sail
Analysis of Sail
Introduction:
Steel Authority of India Limited (SAIL) is the third-largest steel-making company in India and one of
the seven Maharatna’s of the country’s Central Public Sector Enterprises.
Annual production of 16.30 million metric tonnes led to an annual turnover of INR 66,267 crore for
the fiscal year 2018-19.
SAIL operates and owns 5 integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro and
Burnpur(Asansol) and 3 special steel plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro
Alloy plant at Chandrapur.
Currently SAIL has 69,808 employees as on February 1 st,2020 as compared to 93,352 employees as of
March 31st, 2015 and 170,368 as of March 31st, 2002. There has been a continuous reduction of
headcount over the past years due to enhanced productivity and rationalised manpower.
The Government of India owns about 75% of SAIL's equity and retains voting control of the
company. However, SAIL, by virtue of its Maharatna status in May 2010, enjoys significant
operational and financial autonomy.