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SAIL, India's largest steel producer, cuts ₹750 crore debt and plans further reductions and investments.
Steel Authority of India (SAIL), the country's largest steel producer, reduced its debt by about ₹750 crore last year and aims to lower it further this year.
SAIL's current debt is around ₹26,800 crore, and it plans to increase profitability and use other financial tools to manage debt.
The company also plans to invest ₹7,500 crore to boost its steel production capacity to 35 million tonnes per year by 2030, up from the current 20 million tonnes.
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SAIL, el mayor productor de acero de la India, recorta ₹ 750 crores de deuda y planea más reducciones e inversiones.