SAIL Receives Top Recognition at SHRM HR Excellence Awards

Steel Authority of India Limited (SAIL) has been recognized with the prestigious SHRM HR Excellence Awards at the SHRM India Annual Conference 2024 in New Delhi. The company received accolades in two significant categories: ‘Excellence in Inclusion, Equity & Diversity’ and ‘Excellence in Managing the Distributed Workforce.’ 

Overview

Award Recognition : Steel Authority of India Limited (SAIL) has been awarded the SHRM HR Excellence Awards for :

1. Excellence in Inclusion, Equity & Diversity
2. Excellence in Managing the Distributed Workforce

Event : The awards were presented at the SHRM India Annual Conference 2024 held in New Delhi.

Significance of the Awards

• These awards highlight SAIL’s pioneering HR practices and initiatives aimed at fostering inclusive growth within the organization.
• The recognition reflects SAIL’s commitment to its employees, who are considered essential to the company’s success and integral to all operations.

HR Practices at SAIL

SAIL has implemented various initiatives focused on,

1. Employee motivation
2. Engagement
3. Inclusive workforce development

• The company emphasizes creating an environment where all employees feel valued and included.

Conference Highlights

Keynote Speakers

• Shri Piyush Goyal, Hon’ble Minister of Commerce and Industry
• Shri Jayant Chaudhary, Hon’ble Minister of State (I/C) for Skill Development and Entrepreneurship
• Numerous industry leaders shared their perspectives during the conference.

Discussion on HR Practices

• Shri K.K. Singh, Director (Personnel) at SAIL, participated in an interactive session discussing:
• Innovative HR practices at SAIL
• The crucial role of HR in building a resilient workforce in today’s competitive business environment

About SAIL

• Steel Authority of India Limited(SAIL) is a central public sector undertaking based in New Delhi.
• It is the largest government-owned steel producer and one of the Maharatnas of the country’s Central Public Sector Enterprises.

Ministry

• It is under the ownership of the Ministry of Steel.

Establishment

• Incorporated on 24 January 1973.

Operation

• SAIL operates and owns five integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro And Burnpur (Asansol) and three special steel plants at Salem, Durgapur and Bhadravathi.
• It also owns a Ferro Alloy Plant at Chandrapur.

Expansion

• As a part of its global ambition, the PSU is undergoing a massive expansion and modernization program involving upgrading and building new facilities with an emphasis on state-of-the-art green technology.

Summary/Static	Details
Why in the news?	Steel Authority of India Limited (SAIL) has been recognized with the prestigious SHRM HR Excellence Awards at the SHRM India Annual Conference 2024
Award Recognition	SAIL received the SHRM HR Excellence Awards in two categories: – Excellence in Inclusion, Equity & Diversity – Excellence in Managing the Distributed Workforce
Significance of the Awards	– Highlights SAIL’s pioneering HR practices fostering inclusive growth. – Recognizes SAIL’s commitment to employees as integral to its success.
About SAIL	– Central public sector undertaking based in New Delhi. – Largest government-owned steel producer and Maharatna of Central Public Sector Enterprises.
Ministry	– Owned by the Ministry of Steel
Establishment	– Incorporated on 24 January 1973.