Pillai’s Institute of Management Studies And
Project Report On:
1. INTRODUCTION 3
2. HISTORY 4
3. IRON AND STEEL PROCESS 5
4. CORE COMPETENCE 9
5. COMPETITIVE ADVANTAGE 10
6. COMPETITIVE PRIORITIES 11
A Century of Trust
Tata Steel Limited (NSE: TATASTEEL, BSE: 500470) (formerly Tata Iron and Steel Company Limited, abbreviated as TISCO) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group. It is the 12th-largest steel producing company in the world, with an annual crude steel capacity of 23.5 million tonnes, and the largest private-sector steel company in India measured by domestic production. Tata Steel has manufacturing operations in countries including India, China, the United States and the United Kingdom. Its largest plant is located in Jamshedpur, Jharkhand. In August 2007, Tata Steel acquired the UK-based steel maker Corus in what was, to date, the largest international acquisition by an Indian company. Tata Steel is listed on Bombay and National Stock Exchange of India, and employs about 81,600 people. Tata Steel is ranked 401st in the 2012 Fortune Global 500 ranking of the world's biggest corporations. It is the eighth most-valuable Indian brand according to an annual survey conducted by Brand Finance and The Economic Times in 2010. It has also been listed as World's most ethical companies by Forbes. Tata Steel has play a pioneering role in integrating professional business practices with exemplary corporate citizenship programmes in India. The company steel works, located in Jamshedpur is Asia first and country largest integrated private sector steel plant. Set up with the initial capacity of two 200-tonne blast furnace, four 4-tonne steam driven blooming mils and a rail and structural mill, it is now a state-of-art plant with a rated capacity of three million tones per annum of crude steel. At present it produces steel mainly in the form of flats, wire rods and bars. In addition to steel, the company is in the business of diverse products, such as bearings, steel plant capital equipment and spares, cement, tubes, etc.Captive mines and collieries, located mainly in Bihar and Orissa, supply the finest grades of feedstock to the steel plant. The process of customer satisfaction at Tata Steel, which begins with raw materials preparation, is meticulously inter-linked by a quality and value chain at every stage of its operations. For a company fully mindful of its social responsibilities, the universe of stakeholders extends beyond the realm of customers, shareholders, and employees. In tune with the vision of its founder, Tata Steel is a role model in fulfilling corporate social responsibilities. Tata Steel is also committed to Sustinable Development and recognizes the need to pursue progressive environmental management policies to preserve the ecological balance and biodiversity in areas in the vicinity of its operations.
TISCO was established by Dorabji Tata August 26, 1907, as part of his father Jamsetji's Tata Group. In year 1939, it had largest steel plant in the British empire. A modernization and expansion program was launched in year 1951. Later, the program was upgraded to 2 MTPA project. In 1990, it started...
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