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Tata Steel's Jamshedpur plant at night. Tata Iron and Steel Company (TISCO) was founded by Jamsetji Nusserwanji Tata and established by Sir Dorabji Tata on 26 August 1907. . TISCO started pig iron production in 1911 and began producing steel in 1912 as a branch of Jamsetji's Tata
SAIL Steel Plant at Bokaro Steel City, Jharkhand a supersize steel plant- The second biggest steel plant in India, which contributes 45% of SAIL's profit . The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. [1]
Tata Steel acquired a 72.65% stake in Bhushan Steel on 18 May 2018 through its subsidiary Bamnipal Steel. Tata Steel paid ₹ 35,200 crore (equivalent to ₹ 470 billion or US$5.6 billion in 2023) to Bhushan Steel's creditor banks, and an additional ₹ 1,200 crore (equivalent to ₹ 16 billion or US$190 million in 2023) over 12 months to Bhushan Steel's operational creditors. [7]
New Delhi 22 Mahindra & Mahindra: Automotive 129,004 37% 10,282 Mumbai 23 Grasim Industries: Diversified 122,283 24% 6,827 Mumbai 24 Maruti Suzuki India: Automotive 120,293 33% 8,211 New Delhi 25 Nayara Energy: Oil and gas 116,240 19% 9,426 Mumbai 26 Steel Authority of India: Iron and steel 111,501 6% 2,177 New Delhi Yes 27 Canara Bank: Banking ...
Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi.It is the largest government-owned steel producer, [3] with an annual production of 18.29 million metric tons. [4]
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021.
Jindal Stainless Limited is an Indian stainless steel maker headquartered in New Delhi. It is a part of OP Jindal group. The firm has a melt capacity of 2.9 million tonnes per annum which makes it the largest stainless steel producer of India. Incorporated in 1970, it ranks among the top 5 stainless steel makers of the world. [6] [4] [5] [7]
JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. [4] After the merger of Bhushan Power & Steel, Ispat Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private sector steel company.