Tata Steel has won `The Businessworld Most Respected Company Award 2011’ in the Metals category. The award is a result of the findings of a two-phased, sector-wise survey that was conducted across 20 industry verticals by Businessworld magazine.

The various parameters under which companies were evaluated included financial performance & returns, innovativeness, depth & quality of top management, ethics & transparency, global competitiveness, quality of products & services and people & talent management practices.

Tata Steel’s Resident Executive in New Delhi, Mr Sanjay Nath Singh, received the award from the Union Finance Minister, Mr Pranab Mukherjee, at a function held in New Delhi on February 8,2011. Others present on the occasion included Mr Aveek Sarkar, Editor of the ABP Group of publications.

Businessworld has stated that Tata Steel ranked “way ahead of others on all seven parameters of the Most Respected Companies Survey 2011”.

About Tata Steel
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 over 28 million tonnes per annum (mtpa). It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 23 billion in FY 10, has over 80,000 employees across five continents and is a Fortune 500 company. The Group’s vision is to be the world’s steel industry benchmark in “Value Creation” and “Corporate Citizenship” through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. In 2008, Tata Steel India became the first integrated steel plant in the world, outside Japan, to be awarded the Deming Application Prize 2008 for excellence in Total Quality Management.