Jamshedpur, February 27, 2003 Tata Steel today launched its first
branded Cold Rolled steel called Tata Steelium amidst a glittering ceremony. The logo was
unveiled by Mr.B.Muthuraman, Managing Director, Tata Steel in the presence of its
distributors and other senior officials of the Company. Speaking at the launch
Mr.Muthuraman commented "Branding will give rise to a customised product in terms of
value, performance and pricing that will meet our customers needs better. Branding
will go a long way in meeting the challenge of gaining a sustainable competitive
edge".
Tata Steelium connotes both strength and a feel of being an
international class brand. This is in tune with the companys new thinking of
transforming itself from a manufacturer to a marketer and evolving from products to a
brand. In todays world of active consumerism it is imperative to brand the CR range
of products and more so after having reaped rich dividends out of branding our other
products. Branding will add value to the product and will help in highlighting it in the
otherwise fragmented market for CR. It will not only help in product identification but
will also boost the element of a brand recall thereby creating a niche.
Manufactured in one of the worlds most sophisticated mills in
Jamshedpur, Tata Steelium possesses advanced attributes such as superior formability,
flatness, surface quality, thickness consistency and, of course, strength. The product has
a high level of consistency in width and thickness ensuring low wastage and is
characterised by better packaging. Furthermore, the customer will be assured of a
guaranteed product which is backed up by legendary Tata Steels total quality
assurance.
The countrys vast auto ancillaries sector, which till date had to
depend on overseas markets for its major needs, now has a credible option within the
country. Electrical engineering products and other components now have a top-class brand
to opt for. Makers of steel furniture and other allied products can further strengthen
their ware. The drums and barrels industry now has access to a raw material that will make
for safer and stronger products.
The branding exercise has taken into account consumer behaviour,
insights from the market place and feedbacks. This will help the end user and the customer
in identifying it as a product of choice and value for money. The product is backed up by
an improved distribution channel comprising a network of distributors for specific
territories, technical support available in all the four regions and web-enabled
distributors who can track order execution online. Branding has opened up a wider product
range, offering greater choice to customers.
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