SAIL Crosses Rs 10,000 Cr Procurement Mark on GeM Portal Since Inception
Located in New Delhi, India, Steel Authority of India Limited is a central public sector organization. It is owned by the Ministry of Steel, Government of India, and will have a 2021–22 fiscal year revenue of INR 1,03,480 billion. Five integrated plants and three special steel plants operated by SAIL, primarily in India's eastern and central regions and close to domestic raw material sources, produce iron and steel. The steel producer produces and markets a variety of steel goods. The largest steel-producing company in the nation is SAIL, which is part of the Ministry of Steel and has an annual capacity of more than 20 million tonne. GeM is an entirely digital, cashless, system-driven e-marketplace that makes it possible to buy common goods and services with little to no human interaction. GeM SPV (Special Purpose Vehicle), a wholly owned, nonprofit corporation run by the Ministry of Commerce and Industries of the Government of India, is the owner of the pla...