Steeling the Show
Ever since its inception, Tata Steel has contributed to nation-building by constantly introducing innovative, durable and affordable steel products, services and solutions in the domestic market. Tata’s steel has been used in the construction of the Delhi, Chennai and Kolkata airports and for metro rail projects in several cities. It has also supplied the high tension wires used in the Bandra-Worli Sea Link in Mumbai.
THEN AND NOW
Jamshedji Nusserwanji Tata’s desire to set up a steel plant was firmed up after he heard a lecture by Scottish philosopher and teacher Thomas Carlyle while on a visit to Manchester. In his lecture, Carlyle said: “The nation which gains control of iron soon acquires control of gold.” That greatly influenced Jamshedji. All along, the company has focused not only on quality but also on improving the lives of people living around its areas of operations. In a free enterprise, the community is not just another stakeholder in business but is, in fact, the very purpose of its existence, believed Jamshedji. The target has also been to increase the per capita consumption of steel in the country to levels on a par with most developed countries. Says Tata Steel managing director T.V. Narendran: “Over the next decade, we want to become one of the leading steel companies in the world in technology and innovation as well as in use of digital technologies.”
HANDS ON Ratan Tata with staff in Jamshedpur