MoneyWorks4Me

SAIL gets nod from IRS to manufacture special shipbuilding grade plates

26 Jul 2019 Evaluate

Steel Authority of India (SAIL) has received approval from the Indian Register of Shipping (IRS) to manufacture special shipbuilding grade plates. The plates will be used for making diving support vessels (DSV) used by the India Navy.

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.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
View more..