Ans. SAIL, or Steel Authority of India Limited, is one of the largest state-owned steel-making companies in India. It is a Maharatna company and operates several integrated steel plants across the country

Q3. When was SAIL established?

Ans. SAIL was established on January 19, 1954. It was incorporated as a government-owned corporation with the aim of promoting and developing the iron and steel industry in India.

Q4. Where are the major plants of SAIL located?

Ans. SAIL operates major steel plants in locations such as Bhilai, Bokaro, Rourkela, Durgapur, and Burnpur. Each plant is a significant player in the steel production sector.

Q5. SAIL a public or private company?

Ans. SAIL is a public sector undertaking (PSU) and is owned by the Government of India. It is categorized as a Maharatna company, indicating its high level of operational and financial autonomy.

Q6: What products does SAIL manufacture?

Ans. SAIL produces a wide range of steel products, including hot and cold-rolled sheets and coils, galvanized sheets, structural steel, railway products, plates, bars, and pipes, catering to various industries.

Q7: Does SAIL have a role in infrastructure development?

Ans. Yes, SAIL plays a significant role in contributing to India's infrastructure development. Its steel products are used in construction, railways, power, defense, and various other sectors crucial for the country's growth.

Q8: How can one invest in SAIL?

Ans. SAIL is a publicly listed company, and its shares are traded on the stock exchanges in India. Investors can buy and sell SAIL shares through stockbrokers or online trading platforms.

Q9: What is SAIL's commitment to sustainability?

Ans. SAIL is committed to sustainable and responsible business practices. The company focuses on reducing its environmental impact, adopting energy-efficient technologies, and promoting social responsibility in the communities where it operates.

Q10: Does SAIL export its products?

Ans. Yes, SAIL exports its steel products to various countries. It participates in the global steel market, contributing to India's export earnings and enhancing its presence on the international stage.