Steel Authority of India Limited (SAIL) is an Indian government owned steel manufacturing enterprise based in New Delhi, India. It is owned and operated by the Ministry of Steel , Government of India with an annual turnover of INR 66,267 Crore (US$9.32 Billion) for fiscal year 2018-19. Incorporated on 24 January 1973, SAIL has 65,807 employees (as of 01-Mar-2021). With an annual production of 16.30 million metric tons, SAIL is the 20th largest steel producer in the world and the largest in India. The Hot Metal production capacity of the company will further increase and is expected to reach a level of 50 million tonnes per annum by 2025. Smt Soma Mondal is the current Chairman of SAIL.