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SAIL asks units to improve efficiency, focus on reducing cost of production

28 Nov 2019 Evaluate

Steel Authority of India (SAIL) has asked management at all its units to improve efficiency and focus on reducing cost of production. The move is part of 'Cost Control Drive' at all its plants and units. The company has given renewed thrust on aggressive cost control in the company. It not only aims to improve efficiency but also to give a lasting competitive advantage. All the plants and units of the company are working on a mission mode to reduce the cost of production with the guiding principle 'Do More With Less'.

The company is also organizing a series of workshops at all the plants and units to evolve action plans for improving operations and operational efficiency through enhanced production and better techno-economic performances, better utilization of raw materials and enhancing revenue generation through other means.

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.

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