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SAIL re-enters Nagaland’s market

SAI

Was forced to leave “due to huge amount of extortion”

DIMAPUR, APRIL 13: Almost twenty years after ‘extortion’ forced its exit from Nagaland, the Steel Authority of India Limited (SAIL), a public sector enterprise under the Union Ministry of Steel, has announced its re-entry into the State market by appointing a stockist at Dimapur.
Marketing Chief of SAIL NE region, Pankaj Kumar told a consumer’s meet ~ and later, a press conference ~ at Chümoukedima on Wednesday that the Dimapur-based Toiwa Renewable Energy Inc. has been authorised to be steelmaker’s stockist in Nagaland.
He said that SAIL has mostly given importance to national projects/infrastructure by supplying 80-90% of steel.
“But the domestic sector has been completely blank for us. So right now, as a retail segment, we are trying to reach out to every corner of India. That’s why we have tied up with Toiwa Renewable Energy Inc.”, he said.
Kumar recalled that SAIL had opened an office at Dimapur in 1983.
It was, however, shut down in 2003 “due to some operating expenses and losses”, he said.
“We are operating from Guwahati (in Assam) now and appointing stockists all over the Northeast States so that we can supply our material to the people”, he added.
Chairman of Toiwa Renewable Energy Inc. and Director of National Schedule Tribes Finance and Development Corporation (NSTFDC), Johny G Rengma said that SAIL had to leave Nagaland in 2003 “due to huge amount of extortion”.
But in the two decades hence, law and order in the State has “improved considerably” which in turn, has convinced the Union Government to view the situation a “little differently” now, he said.
According to him, SAIL has taken a position in the State market with confidence in Nagaland Government and its law and order machinery.
Former Rajya Sabha MP Apok Jamir said that the fact SAIL is resuming its presence in the State “effectively indicates that there seems to be some improvement in the whole situation”.
“And with the prospect of the coming years and decade where the NE region will be a very crucial area for Act Eat policy, I think that is the impetus on the basis of which SAIL has also made this strategic stand of actively involving in Nagaland”, he said.
On the prospect of SAIL expanding its Corporate Social Responsibility (CSR) activities to Nagaland, Jamir said that most of the industries are based in the bigger States of the county.
So naturally, most of the CSR activities are concentrated there, he pointed out.
Nevertheless, SAIL should also give a special emphasis to the Northeast States by providing adequate CSR funding since the region is a very important component of the country, he maintained.
(Page News Service)

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