**Summary:**
Steel Authority of India Limited (SAIL) held its 53rd Annual General Meeting (AGM) on September 16, 2025, in New Delhi. Chairman and Managing Director Shri Amarendu Prakash addressed shareholders, highlighting the company's resilience and strategic roadmap for future growth. He emphasized SAIL's role in India's development towards "Viksit Bharat" by 2047, providing steel for infrastructure, railways, defense, and energy sectors. Guided by the National Steel Policy 2017, SAIL is integrating green technologies, efficient logistics, and customer-centric solutions into its upcoming projects, focusing on technology, digitalization, sustainability, and its workforce. SAIL is advancing its green steel journey through hydrogen-based steelmaking trials, carbon capture, utilization and storage (CCUS), biochar injection, and renewable energy initiatives. Two transformational programs, PRAVARTANAM (digital transformation) and SAIL DARPAN (HR transformation), have been launched to create a resilient ecosystem across SAIL's plants and mines.
Key Entities Referenced
Steel Authority of India Limited (SAIL): A major Public Sector steel making company in India, the subject of the annual general meeting.
Shri Amarendu Prakash: Chairman Managing Director of SAIL, who addressed the shareholders.
New Delhi: Location of the 53rd Annual General Meeting of SAIL.
Viksit Bharat by 2047: A national development goal for India to become a developed nation by the year 2047.
National Steel Policy 2017: A policy document guiding the development of the steel industry in India.
PRAVARTANAM: SAIL's digital transformation program.
SAIL DARPAN: SAIL's HR transformation program.
Chinamaya Mission: The physical location in New Delhi where the AGM was held
Ministry of Steel
CMD, SAIL reflects on resilience, transformation and
future readiness at Company’s 53rd AGM
Posted On: 16 SEP 2025 4:29PM by PIB Delhi
rd
Steel Authority of India Limited (SAIL) conducted its 53 Annual General Meeting (AGM), today at
Chinamaya Mission, New Delhi where Chairman & Managing Director, SAIL Shri Amarendu Prakash
addressed the shareholders in the meeting, held through a virtual platform, highlighting the Company’s
resilient performance amid global headwinds and its strategic roadmap for future growth.
Opening his remarks, Shri Prakash said, “Steel is often called the backbone of modern civilization – strong,
resilient, and enduring. Just like steel, our company too has been tested by fire, shaped by challenges, and
strengthened by experience.” He emphasized that SAIL stands tall both as a witness as well as a partner in
India’s development journey towards Viksit Bharat by 2047.
He reiterated SAIL’s pivotal role in nation-buildingwhile delivering steel for diverse sectors including
–Infrastructure, railways, defence, energy among others. “SAIL steel is at the heart of India’s growth story,”
he affirmed. He said that, guided by the National Steel Policy 2017, the company has initiated the next phase
of its journey where the upcoming projects will integrate green technologies, efficient logistics and customer-
centric solutions from the very start. This journey will be anchored on technology, digitalization,
sustainability and above all, the people.Highlighting the Company’s commitment to sustainability, Shri Prakash shared that SAIL is advancing its
green steel journey through hydrogen-based steelmaking trials, carbon capture,utilization and storage(CCUS),
biochar injection and renewable energy initiatives. “Climate change is a defining challenge for our industry.
The world is at the cusp of a green transition and SAIL is determined to be at the forefront of this change.”
To build a future-ready organization, he said that two transformational programs- PRAVARTANAM for
digital transformation and SAIL DARPAN for HR transformation have been launched which are aimed at
creating a resilient, self-sustaining ecosystem across the company’s plants and mines.
Concluding his address, Shri Prakash stated, “SAIL is ready for tomorrow. I am confident that SAIL has the
resilience, capability and vision to emerge stronger and achieve greater heights.”
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TPJ/NJ
(Release ID: 2167187)