It is rated as ‘Maharatna’ PSU in India. It is Steel Authority of India Limited  (SAIL). It is celebrating the company’s 50th year of incorporation in 2022.

The company was incorporated on January 24, 1973.

SAIL’s legacy of fifty years is being celebrated with the launch of a new commemorative logo and will be followed by several events to be held all across the company throughout the year. 

The design of the commemorative logo retains the essence of SAIL’s company logo while bringing out the spirit of fifty years of journey of this company. The logo was launched by SAIL’s Chairperson Soma Mondal in the presence of the company’s directors on Monday, three days back.

This feat is a testimony of the company’s sustained efforts and initiatives in ensuring better stakeholders’ engagement and contribution to nation-building over the years.

SAIL is one of the largest steel-making companies in India and one of the Maharatnas of the country’s PSUs. It produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products.

(Inputs from psuwatch.com)