Tata Iron and Steel Company
, the first ever privatized iron and steel plant to be set up in Asia, has added many a feather to its already brimming cap. The company was established in the year1907 by Jamshedji Tata and is credited to be the largest private sector steel plant that dots the landscape of the Indian subcontinent.
Tata Iron and Steel Company, also recognized by the acronym TISCO has been conferred the elite status of the EVA+ (Economic Value Added) company. The industrial conglomerate is famed as one of the few companies that produce quality steel at very economic rates. The strategic location of the plant near one of the most mineral rich areas of the country and the existence of a major rail head is also responsible for the factory's flourishing business. The use of the high tech 5 MTPA (million ton per annum) plant in Tatanagar as well as the easy availability of raw materials has ensured the company ranks among the key players of the global market.
Tata Iron and Steel Company is an avant-garde of India's steel sector and has expanded to include NatSteel, Asia that makes use of a 2 MTPA steel plant and Millennium Steel or Tata Steel Thailand that is based on a 1.7 MTPA technology steel plant. The Tata group is rapidly spreading its wings across South East Asia as well as the countries that border the Pacific coast.
The company adheres to all the standards and regulations of Total Quality Management and is the recipient of many awards and accolades. Some of the noteworthy recognitions include:
- World's best steel maker by World Steel Dynamics
- Prime Minister of India's Trophy for the Best Integrated Steel Plant
- Asia's Most Admired Knowledge Enterprise award
Last Updated on 24/06/2013