SAIL in talks with steel majors to boost national production capacity to 60 Mtpa by 2020
20 May 2010
The government is working on a technical collaboration between state-owned SAIL and Japan's Nippon Steel for training SAIL's staff working on a Rs70,000-crore capacity expansion programme.
Steel secretary Atul Chaturvedi said, ''We met Nippon Steel officials in Japan. We asked them if they can train our people (SAIL officials) and enhance their technical skills. We are keen to have such collaborations with them at present.''
SAIL, had a 116,000 strong workforce as on 1 April, 2010.
In India, Nippon Steel has a pact with Tata Steel to produce auto-grade steel.
Meanwhile according to Chaturvedi who recently led a delegation comprising SAIL chairman S K Roongta, and others, to South Korea and Japan, SAIL and Posco would reach an agreement to set up steel plants in India by September.
He added a deal between SAIL and Posco to set up steel plants in India under a joint venture could be signed in the next three-four months.