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DEDICATION OF SAKCHI MINI BUS DEPOT

Jamshedpur , November 06, 2018

Tata Steel conducts Quality of Life survey at Jamshedpur every year to identify opportunities for improvement in the city. Over the years, two of the most often cited areas for improvement have been 1) Decongestion of city roads and 2) Connectivity with NH33.

Over the years, Tata Steel and Govt of Jharkhand have jointly addressed these issues and Tata Steel has worked extensively on decongesting several city roads by widening them. These include – Inner Circle Road, Straight Mile Road, Kharkai Link Road, Subernarekha Link Road, Kadani Road, Nildih Road, N-Road and Outer Circle Road to name a few.

The Sakchi Mini Bus Depot is an initiative to ease the Traffic Congestion at Sakchi. It was relocated from its earlier location near Jamshedpur Eye Hospital roundabout to decongest that area. The Depot has a well-designed layout with 12 departure bus stops (one for each route) and 4 arrival bus stops. It also has washrooms for ladies, gents and the specially challenged. The Bus Depot has a provision to extend the number of routes to 18 from 12, in future. The Bus Depot handles around 50,000 passengers per day.

Shri Raghubar Das, Hon’ble Chief Minister, Govt of Jharkhand dedicated the Mini Bus Depot to the citizens of Jamshedpur in the presence of Shri Bidyut Baran Mahato, Hon’ble MP, Shri Anand Sen, President TQM & Steel Business, Tata Steel  and eminent citizens of Jamshedpur today. The Hon’ble CM lauded the efforts of Tata Steel in creating this state of the art Sakchi Mini Bus Stand while dedicating it to the citizens of Jamshedpur. This has improved quality of life and eased traffic congestion in Sakchi.

During his speech, Chief Minister Mr. Das said that Tata Steel’s role in betterment of civic amenities in the steel city is always commendable. “I Congratulate Tata Steel for giving this new mini bus terminus. Government is open to adopt more such projects on Public Private Partnership (PPP) basis,” he said.

Mr. Anand Sen, President TQM & Steel Business, Tata Steel said that the company holds survey on quality of life of citizens of Jamshedpur every year. “Tata Steel always thrives how can we improve the facilities in the city. The project will help in decongestion of city roads,” he said. 

The dignitaries present on the occasion included Mr. Amit Kumar (IAS), DC East Singhbhum, Mr. Anup Birthare, Senior SP, Mr. R Ravi Prasad, President Tata Workers’ Union, Mr. Rituraj Sinha, Chief Corporate Administration, Tata Steel, and Mr. Tarun Daga, MD JUSCO.

About Tata Steel                  
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27 million tonnes per annum (MTPA) as on March 31, 2018. 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 $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel was felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2014-15 and 2015-16, Best Risk Management by CNBC TV18 (2018) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Disclaimer
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.

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