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Tata Steel celebrates 158th Birth Anniversary of Sir Dorab Tata

Jamshedpur, August 27, 2017

Tata Steel celebrated the 158th Birth Anniversary of Sir Dorab Tata today at Sir Dorabji Tata Park, Jamshedpur. Chief Guest, Mr TV Narendran, MD, Tata Steel, India and SEA and the Guest of Honour, Mr R Ravi Prasad, President, Tata Workers’ Union paid homage to the legend by offering floral tributes. The function was attended by senior officials of Tata Steel including Mr. Sunil Bhaskaran, Vice President Corporate Services, Mr.Sudhnshu Pathak, Vice President Steel Manufactoring, Mr.Avneesh Gupta, Vice President (Shared Services) Designate. Others present included Heads of Tata Group Companies, senior citizens, employees and representatives from the Tata Workers Union.

In his address to the gathering, Mr Narendran said, “The vision and the wisdom of Mr JN Tata was translated into what we see around us by Sir Dorab Tata. The challenges of setting up the Steel plant here over a hundred years back was many times greater than some of the challenges that we have gone through in setting up Kalinganagar Steel plant. In those days, the employees came from various parts from across the globe, stayed here and built the steel plant and the town.”  He further said ‘The pioneering spirit, the willingness to take chances and other thoughts which were translated into action by our founders have laid the foundation for the value system of Tata Steel’

 Speaking on the occasion Mr Ravi Prasad said “ JN Tata’s dream was fulfilled by Sir Dorab Tata. He worked for the welfare of employees from the very beginning and included schemes like Provident Fund, Medical Aid, Maternity Leave, Gratuity etc. We feel proud to be a part of a Company that started so many benefits for the employees which were later made mandatory by the Government.

 

About Sir Dorab Tata

Dorabji was the elder son of JN Tata. When steel prices stumbled after World War I and Tata Steel was not in a position to pay its workers, Sir Dorabji pledged his assets and his wife's jewellery to obtain a loan to disburse salaries.

Sir Dorabji was also a keen sportsman from his early boyhood. He also distinguished himself as a tennis player and played football and cricket for his college at Cambridge. Sir Dorab Tata steered India's entry into the world of international sport by choosing and financing four athletes and two wrestlers for the Olympic Games of Antwerp in 1920, even before India had an Olympic body. Sir Dorab Tata also secured a place for India in the 1924 Olympiad at Paris and was chosen to be a Member of the International Olympic Committee. In 1928 Olympiad at Amsterdam, India won Gold medal for the first time in hockey.

About Tata Steel

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2017. It is the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $18.12 billion (INR 117,420 crore) in FY17. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Having bagged the Deming Application Prize and Deming Grand Prize for continuous improvement in 2008 and 2012 respectively, Tata Steel has now been recognised as the global ‘Industry Leader’ in ‘Steel category’ by Dow Jones Sustainability Index (2015). Besides being a member of the World Steel Climate Action Programme, Tata Steel has also been felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2013-14 (received in 2017), Best Risk Management by CNBC TV18 (2016), ‘Best-in-class Manufacturing’ award from TIME India (2016) and the ‘Most Ethical Company’ award from the Ethisphere Institute (2016), IIM Sustainability Award (2015), among several others.

Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.