Steel Authority of India’s (SAIL) special unit Salem steel plant has signed an agreement with the Butterfly group for setting up of a strategic business unit for manufacture of stainless steel utensils, kitchenware and tableware within the plant premises.
As per the agreement, a compact a stainless steel kitchenware and tableware manufacturing unit will be set up within the Salem Steel Plant premises by LLM Appliances, the flagship unit of the Butterfly group, to produce 500 tonnes of quality stainless steel designer kitchenware products per annum.
SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.