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Tata Steel's Sukinda Chromite Mine Bags Bala Gulshan Tandon Excellence Award from FIMI for Overall Performance for the year 2015-16

Sukinda, October 04, 2016

- Mr Piyush Goyal, Minister for Power, Coal, New & Renewable Energy and Mines, Government of India  gave away the award at the 50th Annual General Meeting of FIMI in New Delhi-

Sukinda Chromite Mine of Tata Steel,  located in Jajpur district of Odisha, has bagged the prestigious Bala Gulshan Tandon Excellence Award for  overall performance for the year 2015-16 given by Federation of Indian Mineral Industries (FIMI), the premier mining body of the country.

Mr. D.B Sundara Ramam, Executive-In-Charge, Ferro Alloys and Minerals Division (FAMD),Tata Steel and  Mr. Rajesh Patel, Chief, Mining, Sukinda Chromite Mine of Tata Steel received the award from Mr Piyush Goyal, Minister for Power, Coal, New & Renewable Energy and Mines, Government of India on October 3, 2016 at the 50th Annual General Meeting of FIMI in New Delhi. Mr Patel was also awarded the Certificate of Excellence for the outstanding performance of the mine.

The award was given after rigorous analysis of the performance of the mine followed by site-assessment by experts on aspects of operational excellence like environmental best practices, corporate social responsibility, finance and human resource management, scientific mining,  biodiversity conservation, etc . On the basis of it the Jury Committee for FIMI Awards 2015-16 has selected  the winners.  FIMI gives nine such awards annually in four categories i.e. Overall Excellence, Environment, Health and Safety and Social Awareness.

Expressing his happiness on SCM being conferred with the honour, Mr Sundara Ramama said, as a responsible corporate we will continue to pursue excellence while mining responsibly,  adopt the best practices of the industry and promote inclusive growth around our operations..

Being the first mine in the country to roll out Sustainable Development Framework in January 2016, a concept proposed and promoted by the Ministry of Mines, Government of India, for the development of culture of sustainable mining in the country, SCM had set the standards for best practices. It was also honoured with CII ITC Sustainability Award 2015 for Excellence in Corporate Social Responsibility.

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 28 million tonnes per annum (MnTPA) as on June 1, 2016. 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 recorded a turnover of US $17.69 billion in FY16 and has ~77000 employees (as on March 31, 2016) 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.In 2013, Tata Steel was awarded CII-ITC Sustainability Prize for its exemplary efforts towards corporate sustainability practices and in 2016, it bagged the TIME India Award for 'Best-in-Class Manufacturing'.

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.

Kulvin Suri
Chief, Corporate Communications, India & SEA
Tata Steel
Tel: +91 657 664 5512/ +91 92310 52397