Steel Authority of India Limited (SAIL)
- SAIL’s roots can be traced back to Hindustan Steel Limited (HSL), established in January 1954.
- Headquartered in New Delhi.
- The largest steel-producing company in India.
- Manages five integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur, along with three special steel plants at Salem, Durgapur, and Bhadravathi.
- Received the “Best of All” Rajiv Gandhi National Quality Award for its Bhilai and Bokaro plants in 1993, 2006, and 2007.
Maharatna Companies in India
Maharatna companies in India are a distinct category among Public Sector Undertakings. The term “Maharatna”, which means “a great jewel” in Hindi, highlights the importance of these companies in the national economy and their impact globally. To have the Maharatna status, companies must meet specific criteria set by the Indian government, including already holding Navratna status, being listed on India’s stock exchange with a minimum prescribed public shareholding, and maintaining strong financial performance.
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