In which year was the Steel Authority of India Ltd incorporated?

Correct option is A

Correct Answer: A 1973

Explanation:

• ​The Steel Authority of India Ltd (SAIL), one of the largest state-owned steel-making companies in India, was incorporated in 1973.
• SAIL was established to manage the country's steel production units and ensure India's self-reliance in steel production. It is a public sector enterprise and operates under the Ministry of Steel.
• Initially, India's major steel plants were managed by individual organizations, but SAIL was formed to integrate these under a unified corporate structure for better efficiency and output.
• SAIL's headquarters is located in New Delhi, India.
  

Information Booster:

•  SAIL operates five integrated steel plants located in Bhilai, Bokaro, Rourkela, Durgapur, and Burnpur (IISCO).
  
• It also has three special steel plants at Salem, Durgapur (Alloy Steel Plant), and Bhadravathi.
  
•  The company’s headquarters are situated in New Delhi.
  
•  SAIL is among the largest steel producers globally, with a production capacity of over 20 million tonnes per annum (MTPA).
•  SAIL has been a critical supplier for projects like Delhi Metro and Indian Railways.
  
• The company plays a vital role in India's Make in India initiative by focusing on manufacturing excellence.