Steel Authority of India (SAIL) is planning to invest Rs 4,000 crore in the next three years in Jharkhand to augment the capacity of its Gua mines besides installing a 4 million tonne (MT) pallet plant. The intent for investment was made at the launch of the Jharkhand Industrial and Investment Promotion Policy (JIIPP) 2021 by Chief Minister Hemant Soren.
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.
