SAIL in cost saving mode

SAIL in cost saving mode

by CW India Staff on Dec 1, 2008

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Steel Authority of India Ltd. (SAIL) would ensure timely completion of the proposed modernisation and expansion projects of SAIL plants to avoid cost overrun, said a company release.

In the background of the ‘tough phase’ through which the steel industry was passing, SAIL would be able to withstand the adverse impact of the economic slowdown for which it will adopt feasible measures. However, the company is wary that the going might get tougher in the days to come.

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