Annexure - X

TATA STEEL
MISSION
Consistent with the vision and values of the founder Jamsetji Tata, Tata Steel strives to strengthen India’s industrial base through the effective utilisation of staff and materials. The means envisaged to achieve this are high technology and productivity, consistent with modern management practices.

Tata Steel recognises that while honesty and integrity are the essential ingredients of a strong and stable enterprise, profitability provides the main spark for economic activity.

Overall, the Company seeks to scale the heights of excellence in all that it does in an atmosphere free from fear, and thereby reaffirms its faith in democratic values.

TATA STEEL
VALUES

• Trusteeship
• Integrity
• Respect for the Individual
• Credibility
• Excellence

TATA STEEL
KEY ENTERPRISE PROCESSES

• Leadership
• Strategic planning & Risk management
• Market Development
• Human Resources
• Improvement & Change Management
• Order Generation
• Operation & Fulfilment
• Supply Management
• Research & Development
• Information Management
• Social Responsibility & Corporate Services

TATA STEEL
QUALITY POLICY

Consistent with the group purpose, Tata Steel shall constantly strive to improve the quality of life of the communities it serves through excellence in all facets of its activities.

We are committed to create value for all our stakeholders by continually improving our systems and processes through innovation, involving all our employees.

This policy shall from the basis of establishing and reviewing the Quality Objectives and shall be communicated across the organisation. The policy will be reviewed to align with business direction and to comply with all the requirements of the Quality Management Standard.

17th April, 2002