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Tata Steel’s distributors contribute Rs 1.1 cr to Tata Medical Centre

Jamshedpur, June 13, 2014

Giving back to society has been one of the fundamental principles of Tata Steel’s work ethos since the inception of the Company. In keeping with the vision of its Founder, Tata Steel has worked towards improving the quality of life of communities, especially those living in and around its areas of operations.

As part of this working philosophy, Tata Steel has once again extended its support to Tata Medical Centre, a state-of-the-art and first-of-its-kind standalone Cancer Treatment and Care Facility in Eastern India.

In an innovative fund raising initiative, Tata Steel auctioned the first set of four CR coils produced at the Jamshedpur Continuous Annealing & Processing Company Pvt Ltd (JCAPCPL), Jamshedpur, a joint venture of Tata Steel and Nippon Steel Sumitomo Metal Corporation, among its Steelium distributors and raised Rs 1.1 crore. Distributors of Tata Steelium enthusiastically participated in the bidding process to contribute to a noble cause.

The entire amount of Rs 1.1 crore was contributed today to the corpus of Tata Medical Centre, Kolkata, and will go towards meeting the cost of treatment of underprivileged cancer patients. Tata Steel has leveraged opportunities to provide financial support to several healthcare institutions. Often, this has been done innovatively by involving its distributor fraternity.

With this tranche, distributors of Tata Steel have contributed a total Rs 4.2 crore towards patient care at Tata Medical Centre.

Speaking at a ceremony held at Tata Medical Centre today where the cheque for the amount was handed over, Mr Anand Sen, President, TQM & Steel Business, Tata Steel, said distributors of Tata Steel have come forward to support a good cause. This demonstrated that Tata Steel’s business partners share a common bond of keeping alive the Founder’s vision of giving back to society many times over. “In our endeavour to serve society, we believe in sponsorship with a soul”, he said.

In his address, Mr Shyamal Gupta, Special Advisor, Tata International Ltd and Trustee, Tata Medical Centre Trust, thanked the Tata Steel distributors of “showing the way to serve society”.

Speaking on the occasion, Dr Mammen Chandy, Director of Tata Medical Centre, while thanking Tata Steel and its distributors for the support, said: “We need resources to achieve what we want to for our patients. We seek help to carry forward our dream to help patients who do not have the means to fund their treatment”.

 

About Tata Steel
Established in 1907 as Asia's first integrated private sector steel company, Tata Steel Group is among the top global steel companies with an annual crude steel capacity of nearly 30 million tonnes per annum (MnTPA). 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$ 24.81 billion in FY 14, 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. In 2012, Tata Steel became the first integrated steel company in the world, outside Japan, to win the Deming Grand Prize 2012 instituted by the Japanese Union of Scientists and Engineers.

About Tata Medical Centre
Tata Medical Centre (TMC) at Kolkata, a philanthropic initiative from the House of Tata inaugurated on May 16, 2011, is the first-of-its-kind standalone Cancer Treatment & Care Facility in Eastern India. The Tata Medical Centre, built on a 13-acre plot of land at Rajarhat on the outskirts of Kolkata, was envisaged as a state-of-the-art cancer treatment facility to cater to patients from the eastern part of the country and neighbouring countries with updated equipment and infrastructure. Today, Tata Medical Centre is fully operational with a capacity of 167 beds and plans to add another 250 beds in the near future. Its mission is to promote the prevention and cure of cancer patients and provide rehabilitation and palliative care to them. A special emphasis is given to the underprivileged and children suffering from cancer.