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Tata Steel sets up Library at Kalinga Institute of Social Sciences

Bhubaneswar, September 02, 2017

Tata Steel has set up a 150-seater library building at the Kalinga Institute of Social Sciences, the world’s largest tribal residential educational institute that has just been conferred with deemed university status by the Ministry of Human Resources Development, Government of India.

The library was inaugurated here today by the Hon’ble Chief Minister of Odisha, Mr Naveen Patnaik. Others present on the occasion included Dr Achyuta Samanta, Founder of KISS, Mr T V Narendran, Managing Director, Tata Steel India & SEA, Mr Sunil Bhaskaran, Vice President, Corporate Services and Mr Arun Misra, Vice President, Project Gopalpur and Managing Director, Tata Steel Special Economic Zone among other dignitaries.

Set up at an investment of Rs 4.40 crore, the 150-seater library is a Prefabricated Engineering Building that has been constructed using steel structure as its base. It is equipped with furniture, electrical and sanitary fittings and other furnishings. Of the total cost, an amount of Rs 30 lakh has been contributed by Tata Power. The library is indeed yet another testimony of Tata Steel’s commitment to partner and facilitate education initiatives in Odisha.

In 2009, Tata Steel had signed a Memorandum of Understanding with KISS to jointly work towards the uplift of the State’s tribal population, with special emphasis on providing education to the children of the rehabilitated families of Kalinganagar. The collaboration today culminated in Tata Steel setting up the library at the institute, which is home to over 25,000 students belonging to tribal communities. 

In his address, Mr T V Narendran said: “Improving the quality of life of people living in and around our areas of operations is integral to the business philosophy of Tata Steel. Our operations are largely confined to areas that have a sizeable SC&ST population, and we believe that promoting Affirmative Action is the right way to serve communities around us”.

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 the world's second-most 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 74,000. Having bagged the Deming Application Prize and Deming Grand Prize for continuous improvement in 2008 and 2012 respectively, Tata Steel has now been recognised as the global ‘Industry Leader’ in ‘Steel category’ by Dow Jones Sustainability Index (2015). Besides being a member of the World Steel Climate Action Programmer, Tata Steel has also been felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2013-14 (received in 2017), Best Risk Management by CNBC TV18 (2016), ‘Best-in-class Manufacturing’ award from TIME India (2016) and the ‘Most Ethical Company’ award from the Euthyphro Institute (2016), IIM Sustainability Award (2015), among several others.

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.