Future Plans
SAIL, is in the process of modernizing and expanding its production units, raw material resources and other facilities to maintain its dominant position in the Indian steel market. The aim is to increase the production capacity from the base level production of 14.6 MTPA (2006–07) to 26.2 MTPA of Hot Metal.
The following table shows the increased production of various items prior to and post expansion.
| Item | Actual Production Capacity | Production Capacity after Expansion |
|---|---|---|
| Hot Metal | 14.6 Mtpa | 26.2 Mtpa |
| Crude Steel | 13.5 Mtpa | 24.6 Mtpa |
| Saleable Steel | 12.6 Mtpa | 23.1 Mtpa |
On the 25th of May, 2012, Steel Authority of India entered into an Memorandum of Understanding with the West Bengal government and Burn Standard Company Ltd for setting up of a railway Wagon factory of approximately Rs. 2100 crore. This project will create an approximate of 75300 jobs.
Read more about this topic: Steel Authority Of India Limited
Famous quotes containing the words future and/or plans:
“I was so grateful to be independent of the academic establishment. I thought, how awful it would be to have my future hinge on such people and such decisions.”
—Jane Jacobs (b. 1916)
“When I heard at the close of the day how my name had been receiv’d
with plaudits in the capitol, still it was not a happy night for me
that follow’d,
And else when I carous’d, or when my plans were accomplish’d,
still I was not happy,
But the day when I rose at dawn from the bed of perfect health,
refresh’d, singing, inhaling the ripe breath of autumn,”
—Walt Whitman (1819–1892)