Bhilai Steel Plant (BSP), a unit of Steel Authority of India Limited (SAIL) has been adjudged the winner of the much coveted Prime Minister's Trophy for "Best Integrated Steel Plant" in the country for assessment year 2011-12. With this, BSP has achieved the unparalleled distinction of being the only steel plant in the country, public or private, to have been honoured with the prestigious PM's trophy 11 out of the 20 times since the award has been instituted. Carrying a cash prize of Rs 2 crore, the award is given in recognition of "outstanding performance in this vital sector of the national economy, which draws heavily on resources of capital and skilled manpower". The announcement has come close on the heels of the launch of INS-Vikrant, India's first indigenous Aircraft Carrier from the Kochi Shipyard, fabricated largely from special steel plates rolled in SAIL's BSP and other units.
Known for its culture of excellence and dedication to quality, the plant has achieved distinction in various enabling parameters including leadership, policy & strategy, people development, resource management and process management. Its deployment of modern IT-driven business & knowledge tools to bring in excellence and continuous improvement in business performance, environment conservation, fulfillment of corporate social responsibilities and sustainability practices, among others, has enabled it maintain a position of excellence in the Indian Steel Industry.