SAIL GETS RECORD RS. 200 CRORE BENEFIT THROUGH R&D

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Management of Research & Development activities in the Steel Authority of India Ltd. (SAIL) witnessed a significant reorientation in the backdrop of globalisation and liberalisation. SAIL's Research and Development Centre for Iron & Steel (RDCIS), Ranchi has accelerated its research work to coup up with the current as well as future technological requirements.

The contribution of the RDCIS has helped SAIL to get a record Rs. 200 crore certified annual benefit during the year 2002-03. The customer satisfaction index level has been 3.67 on a scale of 4 and SAIL has achieved all time high benefit-to-cost ratio of 7.73 during the year.

Over the years, RDCIS has earned the credential of being an R&D centre of international repute in the field of ferrous metallurgy. During the last three years it has received the NMD Award, Jindal Award and Young Metallurgist Award.