Page 34 - Steel Tech India eMagazine Volume January 2023

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News Watch

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Target is to Double Crude Steel Output in 10 years: LWV KLJKHVW HYHU QXPEHUV LQ WHUPV RI SUR¿WDELOLW\ VDLG
PM Narendra Modi the Chairperson, SAIL produced 18.733 Mt of hot metal
and 17.366 Mt of crude steel during 2021-22, its best
Prime Minister Narendra Modi said India had set a
target to double the crude steel production capacity ever production performance..
from 154Mtpa now to 300 Mtpa in the next 9 to 10 years The company’s turnover of Rs 1.03 lakh crore during
in order to boost indigenous capabilities. 2021-22 saw a substantial growth of more than 50%
over the previous best turnover of Rs 68,452 crore,
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years, the Indian steel industry had become the achieved during 2020-21.
second largest in the world and there was still immense The increase in turnover coupled with improved
potential for expansion of the key sector. He added operational performance, helped the company achieve
that in the past, India had to import high grade steel LW¶V KLJKHVW HYHU QXPEHUV LQ WHUPV RI SUR¿WDELOLW\
for the defence sector, but scenario has changed now. SAIL Expands Adoption of HPE GreenLake to
1RZ KRZHYHU VWHHO XVHG LQ PDNLQJ µ,16 9LNUDQW¶ ¿UVW Increase Productivity, Enhance Agility and Reduce
indigenous aircraft carrier) was made in India, said the Energy Consumption
prime minister.
SAIL has selected the HPE GreenLake edge-to-cloud
The PM said the PLI (production-linked incentive) platform for its Bokaro Steel Plant (BSL) to modernize
scheme had helped pave the way for expansion of the its critical SAP environment, accelerate its digital
industry and given strength to the Centre’s ‘Atmanirbhar transformation agenda and reduce its environmental
Bharat’ (self-reliant India) initiative.
footprint.
“Due to this, we have succeeded in increasing the BSL is currently undergoing a massive modernization
production capacity of high-grade steel and reducing its and digital transformation drive.Over the last 12 years
import. The use of this high-grade steel has increased the demands on its mission-critical ERP environment
in critical and strategic applications. Before you is the have increased as the business required new
example of INS Vikrant,” he said.
applications and functionality but now many of the
The PM said scientists of DRDO (Defence Research V\VWHPV DUH QHDULQJ HQG RI OLIH DQG ZHUH GLႈFXOW WR
and Development Organisation) developed the special XSJUDGH &RQVHTXHQWO\ %6/ UHTXLUHG D VLJQL¿FDQW
steel used in the aircraft carrier and Indian companies refresh to maintain business continuity and enhance its
produced thousands of metric tonnes of the high-grade service levels to the business and its user base.
alloy.
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SAIL records Turnover of over Rs 1 trn in FY22, HPE GreenLake for its Bokaro Steel Plant to support
posts 50% rise the modernization initiative and migration of its ERP
Landscape to the new platform. With this latest
The increase in turnover coupled with improved
operational performance, helped the company achieve implementation, SAIL expects to increase user

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