The world of Tata Steel is one without boundaries – growing, changing and challenging every day. A world that embraces different skills, continuous innovation, financial investment, responsible use of natural resources. And above all, there is the enduring commitment of giving back to society that helps make the vision of sustainable growth a reality.
Operations in 26 countries. Commercial presence in over 50 countries. 80,000 employees across five continents. What sets the Tata Steel Group apart is not just extent or magnitude of its operations – it is the excellence of its people, innovative approach, and overall conduct. Established in 1907 as Asia’s first integrated private sector steel company, Tata Steel Group is among the top-ten global steel companies with an annual crude steel capacity of nearly 30 million tonnes per annum. It is now the world’s second-most geographically-diversified steel producer. The Group recorded a turnover of Rs. 139,504 crores in FY 15.
Over the years Tata Steel has enriched the glorious legacy handed over by its Founder J.N. Tata, by placing equal emphasis on stakeholder value creation and corporate citizenship. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. What binds together every member of the global Tata Steel family today is a shared corporate culture, shaped by value-based guiding principles and the lineage of some of the world’s most pioneering and respected entities – the Tata group itself, British Steel, Koninklijke Hoogovens and NatSteel.
Tata Steel founded India’s first industrial city, now Jamshedpur, where it established India’s first integrated steel plant in 1907. The Jamshedpur Works currently comprises of a 9.7 MTPA crude steel production facility and a variety of finishing mills. Mines and collieries in India give the Company a distinct advantage in raw material sourcing. Looking further into the future, the company plans to continue to increase its capacity significantly through both brownfield and greenfield developments. The first phase of the 6 million tonnes per annum greenfield project in Kalinganagar, with stage-wise commissioning expected to start in Financial Year 2015-16. The Company is focussed not only on the execution of the plant facilities but also on addressing the socio-economic infrastructure needs of an industrial enterprise of this scale. The Company has plans for two new Greenfield steel projects in the states of Jharkhand and Chhattisgarh.