Steel Authority of India Limited (SAIL) is an Indian state-owned steel-making company based in New Delhi, India. It is a public sector undertaking, owned and operated by the Government of India with an annual turnover of INR 44,452 Crore (US$6.83 Billion) for the fiscal year 2016-17. SAIL is the largest steel producer in India and one of the largest steel producers in the world. SAIL operates and owns 5 integrated steel plants and 3 special steel plants. According to a recent survey, SAIL is one of India's fastest growing Public Sector Units.