SAIL-BSP: Milestone project in Indo-Russia relations still stands tall

Bhilai Steel Plant (BSP) was set up with the Russian technology

Even as India and Russia celebrate 70 years of diplomatic relations, the first project that was taken up under the contract between both the countries still stands tall.
 

Bhilai Steel Plant (BSP), the highest profit-making entity of state-run Steel Authority of India Limited (SAIL), was set up with Russian technology. The project, which was commissioned in 1959, was, in fact, the beginning of an adventure in foreign relations, in economic and industrial cooperation besides technological collaboration and commercial association.
 

The Bhilai agreement spread into a variety of productive activities, the more important of which was in the iron and steel