Steel Authority of India (SAIL) and public procurement portal Government eMarketplace (GeM) have signed Memorandum of Understanding (MoU) to set up GeM Organizational Transformation Team - Project Management Unit (GOTT-PMU). With this MoU, the company has become the first public sector undertaking to establish GOTT PMU for transforming their procurement landscape and increasing their footprint on GeM.
The team will assist the buyer agency to transform their business activities, processes, competencies and models to fully leverage the opportunities of an open market based procurement.
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.