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HIS EXCELLENCY MR. NGUYEN TAN DUNG-
PRIME MINISTER OF SOCIALIST REPUBLIC OF VIETNAM
VISITS TATA STEEL
As
a part of his three day official visit to India, the Honorable Prime Minister of
Socialist Republic of Vietnam Mr. Nguyen Tan Dung was in Jamshedpur to visit
Tata Steel works and other facilities today. His Excellency was felicitated by
Mr. B Muthuraman, Managing Director, Tata Steel at Steelennium Hall in Tata
Steel Works in a ceremony amidst huge grandeur.
Mr. B Muthuraman welcomed the Prime Minister of Socialist
Republic of Vietnam and said, "This is a moment of pride and honour for Tata
Steel and Jamshedpur to have the PM visit the Steel city on his first visit to
India. I would like to take this opportunity to thank everyone in Vietnam Steel
Corporation and Vietnam Government for extending their support so that the MoU
between Tata Steel and Vietnam Steel Corporation went through. It is our
intention to come up with high quality steel plant and mining facility in
Vietnam as soon as possible."
His Excellency, Mr. Nguyen Tan Dung, while addressing the
gathering at Steelennium Hall said, "The purpose of my visit is to take the
relationship between India and Vietnam to greater heights because the people of these
two countries enjoy similar cultural and traditional practices. I am delighted
to visit this city on my first trip to India and I admire the spirit of self
reliance in the people of Jamshedpur. Tata Steel has started the wave of
industrialization in India and its efforts to develop its capabilities to
produce high quality steel to the world, keeping in mind its social
responsibilities towards its communities is truly commendable."
As a part of his first visit to Jamshedpur; the Prime
Minister went around the Hot Strip Mill and Cold Rolling Mill in Tata Steel
Works. He also visited the Tata Steel Archives and Jubilee Park where he planted
a tree. During his short visit to the Steel City, the PM was accompanied by Mr.
B Muthuraman, MD - Tata Steel, Vietnam ambassador to India, Mr. Vu Quang Diem
and Indian ambassador to Vietnam Mr. Lal P Muana. As a part of his first
official tour to Jamshedpur, the PM was informed about the various activities,
initiatives, systems and processes that are followed at Tata Steel.
About Tata Steel
Established in 1907 by its Founder J N Tata, Tata Steel is
the flagship of Tata Group, the largest and most respected business house in
India having interests in Steel, Automobiles, Telecom, IT, Energy, Hotels. The
Tata Group comprises around 90 companies with total turnover of US$22 billion,
equivalent of around 3 per cent of India's GDP.
Tata Steel has one of the most modern steel making facilities
and is also one of the lowest cost producers of steel in the world. It has been
rated as the world's best steel company for the past three consecutive years by
World Steel Dynamics. World over, Tata Steel currently has a capacity of around
26 million tonnes per annum including its recent takeover of Corus and has the
second largest global distribution network in 45 countries. Tata Steel which has
also set benchmarks in the fields of corporate social responsibility and
corporate governance firmly believes in improving the quality of life of its
employees and the communities it serves. Tata Steel aspires to become 50 million
tonne Steel Company by 2015.
The cooperation between VSC and Tata Steel signals the
beginning of strong growth of the Steel Industry in Vietnam. We believe that
this partnership will result in remarkable success.
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