Steel Authority of India’s (SAIL) – corporate unit – The Research & Development Centre for Iron & Steel (RDCIS), in 2012-13 fiscal has successfully completed five memorandum of understanding (MoU) projects and 54 planned R&D projects. Through this the company incurred financial benefit to the tune of Rs 570 crore by way of cost reduction and value addition. Besides, it has also earned Rs 2.2 crore by providing technical service to external organizations.
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