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Kolkata celebrates 75 years of Howrah Bridge

Kolkata, February 03, 2018

Coffee Table Book released to commemorate the occasion

Kolkata Port Trust (KoPT) and Tata Steel jointly organised a glittering function on the waters of the Hooghly river today to commemorate the 75 Anniversary of the iconic Howrah Bridge. A coffee table book on the engineering marvel and the busiest cantilever bridge in the world was also released on the occasion.

Among those present on the occasion included the Mayor of Kolkata, Shri Sovan Chatterjee, the Mayor of Howrah, Dr Rathin Chakravarty, the Chairman of Kolkata Port Trust, Mr Vinit Kumar, and Mr Chanakya Chaudhary, Group Director, Corporate Communication & Regulatory Affairs, Tata Steel, and others.

Speaking on the occasion, Mr Vinit Kumar described the bridge as “an engineering marvel that continues to evoke the same kind of curiosity and awe as it did seventy-five years ago”. He said that, since inception, the bridge was placed in the custody and maintenance of the Port Trust. “The Kolkata Port Trust takes pride in looking after this giant mega-structure”, he added.

In his address, Mr Chanakya Chaudhary reminded the audience that the construction of the bridge consumed 26,500 tons of steel, out of which 23,500 tons of high-tension alloy steel known as Tiscrom, was supplied by Tata Steel. “The celebration today is a tribute to the country’s ability to deliver this fabulous cantilever structure even 75 years ago”, he added.  

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 a 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 70,000 employees as of March 31, 2017. Tata Steel has been felicitated with several awards including the Deming Grand Prize for continuous improvement in 2012, Prime Minister’s Trophy for the best performing integrated steel plant for 2015-16, ‘Greenco Platinum Rating’ by CII Green Building Council for environmental performance at Jamshedpur Works (2016), ‘Best Place To Work’ in the core sector (steel, oil, power and minerals) by Business Today (2017), ‘World’s Most Ethical Company’ award from the Ethisphere Institute (2017), among several others.

Tata Steel Limited is proposing, subject to market conditions and other considerations, a rights issue of its ordinary shares and has filed a Letter of Offer with SEBI and the Stock Exchanges. The Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at http://www.investmentbank.kotak.com, http://www.axiscapital.co.in, http://www.hdfcbank.com, http://www.icicisecurities.com and http://www.sbicaps.com. Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to the section titled “Risk Factors” of the Letter of Offer for details of the same.

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.