NEW DELHI (PTI): India’s state owned steel company, the Steel Authority of India Limited (SAIL), proposes to set up a separate subsidiary company exclusively for exports of products and services to achieve a fivefold increase in export turnover.

In an interview to PTI here, R.R.Nair, chairman of SAIL said the new company is expected to be formed shortly after the boards proposal is approved by the government.

Article extracted from this publication >>  April 16, 1993