SAIL Full-form

SAIL full form is the Steel Authority of India and is a public sector undertaking in New Delhi, producing steel. The organization accounts for 16.30 million metric tons of annual steel production in India. It has earned the honour of being the fastest-growing public sector organization. To date, SAIL owns five major steel plants including Burnpur, Bhilai, Durgapur, Bokaro and Rourkela. To evolve into a major PSU the organization is involved in various innovation projects. Read the article to gather detailed information on SAIL’s history, operations, significance and achievements.

What is SAIL Full Form?

The full form of SAIL is the Steel Authority of India, the largest steel producer in India. It was established by the government of India in January 1973 to supply steel products in the core sectors like Railways, defence and domestic construction. The organization is a fully-integrated producer of steel and iron for various industries across India. It even exports its steel and iron products to international markets. 

The company has been bestowed with the honour of one out of seven maharatnas for its dedicatedly providing high-quality steel products in various parts of India. If we go as per data of October 2022, SAIL has a total of 60,766 employees with an annual turnover of 16.15 million tonnes. 

An Overview of SAIL

SAIL is regarded as the second largest iron ore producer in India and provides a wide array of steel products compared to any other steel manufacturing company. Some of its products fall into the mild, alloy and special steel categories. The PSU is now planning to expand its product range to meet the growing demands of the country's manufacturing sector. 

Besides growth plans, the organization aims at developing state-of-art technology, reducing pollution, achieving sustainability and innovating infrastructural facilities. SAIL has joined ties with the government of India to fulfil the dream of “Make in India''. The largest steel producers and manufacturers have played a vital role in strengthening the country’s defence indigenization by supplying high-quality steel. 

Out of SAIL’s path-breaking achievements, launching the NPB-750 sections is remarkable as it is considered valuable to architects for its cost-effectiveness and strength. 

Historical Background of SAIL

SAIL has its origin in Hindustan Steel Limited which was established on 19 January 1954. This organization was formed to handle operations in one pan which was Rourkela. The Iron and Steel ministry administered and supervised the operations at Durgapur and Bhilai steel plants. Well, from 1957 onwards, the authority of handling these two plants was handed to Hindustan Steel Limited. 

The organization originally operated from New Delhi but it shifted to Kolkata in July 1956 and finally settled in Ranchi in December 1959. To meet the growing demand for the steel industry, the need for proper authority was felt. For better management of a country’s steel sector, the Ministry of Steel and Mines drafted a policy statement that stated the establishment of a new model. It was presented at the parliament on December 2 1972.

The concept of creating a common roof to manage production and manufacturing so steel was initiated based on this policy. That’s how the Steel Authority of India (SAIL full form) came into being. It was incorporated with a capital of Rs 2000 crore on 24 January 1973. The organization's primary responsibilities lie in the proper management of the five steel plants in India.

How to Join SAIL?

SAIL recruitment is conducted through the GATE examination. Candidates with a BTech in electrical, mechanical, metallurgical, chemical or mining instrumentation engineering can participate in the recruitment drive. Find the eligibility criteria, application process and related facts for GATE below.

Eligibility Criteria:

• Candidates must be an Indian national.
• The maximum age limit should be 28 years. Reserved categories are eligible for relaxation of 5 to 10 years.
• A degree in B.Tech or BE is mandatory.
• General candidates need to score 65% while it is 55 % for the reserved category in graduation.
• The physical and mental health of the applicants need to be free from any issues.

The application process for GATE:

IISc organises the GATE examination to help students get admission in engineering streams along with recruitment in top PSU like SAIL, the full form of which is Steel Authority of India Limited. Candidates meeting the eligibility parameter can move ahead with the registration process.

1. Browse the official website i.e. gate2024.iisc.ac.in.
2. Find the link to online registration on the homepage.
3. Enter valid details to complete the registration.
4. Tap on the application form for GATE.
5. Fill out the required details.
6. Upload necessary documents.
7. Pay the fees and submit the form.

Phases of Selection in SAIL through GATE

As per the trends followed by SAIL, candidates will be tested based on certain parameters. There will be three phases of selection in SAIL through GATE. Explore these stages carefully to enhance your chances of selection in this prestigious organisation.

• Shortlisting via GATE score: Candidates need to score above the GATE cutoff marks to apply for the SAIL recruitment drive. The organisation will shortlist the applicants based on the GATE marks.
• Pre-selection: In this phase, candidates will be judged on their communication, interpersonal, decision making and leadership skills. There will be a group discussion and a personal interview.
• Final selection: This is the last and crucial stage of SAIL selection. Candidates will be thoroughly examined for their medical history and fitness. 

Candidates who qualify for the final round will be chosen as a management trainee in E1 grade. Post training and serving probation period, candidates can get an opportunity to earn up to Rs 60,000 to 1,80,000 per month.

Highlights on the Units of SAIL Across India 

Below we have mentioned some of the operating units of Steel Authority of India for your reference.

SWOT Analysis of SAIL

To gain a deeper understanding of SAIL, SWOT analysis is the best tool. So let’s understand this top PSU’s strengths, weaknesses, opportunities and threats.

Strength:

The organization strives to pave the path of innovation and growth which can be called one of the biggest strengths of SAIL. The company has succeeded in achieving a technical and managerial edge in the steel sector. Its collaboration with Bokaro steel and NPTC has further strengthened its market position.

Weakness:

SAIL’s weakness majorly concerns its operation. As it is a public sector organization hence it has to constantly come across intervention from the government or any political authority that highly impacts its operational efficiency.

Opportunities:

SAIL has always been at the forefront of growth and development. Its merger with several steel plants across India is somehow proving opportunistic for the company in the long run. Besides s[earding its wings in India, it has plans for global expansion soon. 

Threat:

Being a government sector organization, SAIL is directly affected by the changing policies of the government. Gradually, immense growth is observed in this sector which is inviting several private companies that can pose a possible threat to SAIL.

SAIL’s Achievement Over the Years

Here we have listed down some of the path-breaking achievements SAIL earned since its formation.

• SAIL got featured in the Forbes Global 2000 companies in 2008.
• Durgapur steel plant was awarded 2nd prize in the Association of Business communication Awards in 2008.
• The most prestigious Rajiv Gandhi National Quality Award was bestowed upon SAIL thrice; in 1993, 2006 and 2007.
• The company received the awards for operational and financial strength which were given by IIIE for the year 2009-10.
• In 2011, SAIL was honoured with the Golden Peacock Environment Management Award.
• Greentech foundation awarded SAIL with the HR excellence award in 2010 for the Bhilai plant.
• The Ministry of Labour and Employment honoured the Bhilai steel plant with the National Safety Award in 2008.
• The Rourkela steel township received 14th rank for cleanliness and sanitation by the Union Urban Ministry in 2009-10.

SAIL, full form of which is Steel Authority of India, is a top PSU aimed at modernizing and expanding its production units, infrastructural facilities and raw material resources. It seems by paving the path to continuous development SAIL will soon appear as the global giant in the steel sector.