SAIL has formed joint venture firms in different areas, namely power generation, rail wagon manufacturing, slag cement production, securing coking coal supplies from overseas sources, among others. Photo: Mint
SAIL has formed joint venture firms in different areas, namely power generation, rail wagon manufacturing, slag cement production, securing coking coal supplies from overseas sources, among others. Photo: Mint

NEW DELHI: India’s largest steel maker SAIL has started process to exit some of its joint ventures that are either non-operational or non-performing, the public sector major has said in a report.

The steel maker is also exploring options to monetise its investment in certain JV companies, the latest report said.

 

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Credit: livemint.com

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