Referring to question by YSR Congress Rajya Sabha member V. Vijaya Sai Reddy, in the Upper House on Monday, on whether Viskhapatnam Steel Plant has achieved a higher production and turnover in the year 2021-22 over the previous year, Minister of State for Steel Faggan Singh has accepted it by giving the production and sales details.
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According to the Minister, the VSP has achieved a production of saleable steel of 5,138 tonnes in 2021-22 over 4,163 tonnes, in the corresponding previous year, which is a high of about 23%.
Coming to sales, the Minister stated that in 2021-22 the VSP has recorded a turnover of ₹28,214.76 crore when compared to ₹17,980.22 crore in 2020-21.
He also gave the sales figures of last five years ₹16,618.40 crore (2017-18), ₹20,844.38 cr (2018-19), ₹15,819.24 cr (2019-20), ₹17,980.22 cr. (2020-21) and ₹28,214.76 cr. (2021-22).