Sail Plans Rs 700 Crore Cost Cut Plan This Fiscal

The final plan to be ready by June

The public sector Steel Authority of India Ltd (SAIL) is likely to set a target of Rs 700 crore as a cost saving budget for this financial year after a preliminary review of its plants.

A SAIL executive said that the finer points of the cost saving plan is yet to be firmed up. The final plan will be ready by June.

The executive said that the company