Steel Authority of India

Steel Authority of India Limited, SAIL short, is the largest steel producer in India. SAIL is a State- owned company of the Government of India. The company was established on 2 December 1972. The Company was formed by the Hindustan Steel Limited ( HSL), with which on 14 January 1954, the Indian steel industry was founded after the independence of 1947. SAIL still employed approximately 115,000 people (as of 2010) and produced so that in 2006 /07, 12.6 million tonnes of salable steel. Lt.. the Business Report in September 2010, increasing production at declining Beschaeftigtenzahl. The conversion was 2009 439.350 million Indian rupees, which corresponds with the end of 2010, approximately 10 billion euros.

Large investments for the future ( after 2010 ) are planned to meet the increasing needs of the Indian economy continues to cover from their own country. Have already been appointed investment of 487 100 million Indian rupees (about 8 billion euros )

On Location Bhilai in Chhattisgarh a new steelworks by 2011 will be built, for which Siemens will supply three converters to produce four million tons of crude steel per year, the corresponding electrical and automation equipment and systems for the primary and secondary dedusting and for recovery of the converter gases. 2012 they founded with Kobe Steel, a joint venture to build a steel plant in India and operate.