Release Date:

Tue, 02/02/2016 - 16:44

New Delhi, 02nd Feb, 2016: Steel Authority of India Ltd.'s (SAIL) Chairman, Shri. P.K. Singh is visiting all steel plants of the company in a planned manner to interact with the entire collective and energize the employees during these challenging times. His initiative is aimed at clearly communicating the company's priorities to each and every employee at a time when the industry is facing internal and external challenges.

Shri. P.K. Singh visited Bhilai Steel Plant on 30thJanuary 2016 where he reviewed the progress of the ongoing Modernisation & Expansion Plan. He inspected the project sites of Blast Furnace-8, Steel Melting Shop-III, Bar & Rod Mill, Power & Blowing Station-II, Universal Rail Mill and Rail Welding Line.

The visit was followed by discussions on production related and other issues with a cross section of employees. He exhorted the collective for timely completion of the projectsand gear up for ramping up of production from the new facilities. During this visit as well as in other plants, the main thrust of Chairman's interaction has been to align every employee towards the company's priorities including cost reduction, increasing production of value added high NSR products, keeping abreast with the changing market dynamics andnewer avenues of revenue generation/ reduction in expenditure.

Reiterating faith in the SAIL collective and their ability to stand through the challenges, Chairman said, 'Next few months are going to be very critical in terms of ramping up production from new mills and attaining operational excellence. The changing times make it incumbent upon us to reinvent ourselves by ensuring enhanced engagement at all levels in the Company besides collaborating with our valued stakeholders.' He stressed on need to be flexible and agile in order to adaptto the changing market scenario and utilizing every minute to the fullest with speed and urgency. These visits have infused confidence and invigorated the employees for facing the present challenges.

SAIL - Steel Authority of India Limited issued this content on 02 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 February 2016 11:21:15 UTC

Original Document: http://www.sail.co.in/sail-press-release/chairman-sail-sh-pk-singh-interacts-sail-collective