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Tata Steel inaugurates Tech Fest at Tata Steel Technical Institute, Burmamines

Jamshedpur, November 30, 2018

The two-day Tech-Fest at the Tata Steel Technical Institute (TSTI), Burmamines, was inaugurated by Mr Chanakya Chaudhary, Vice-President, Corporate Services, Tata Steel.

Speaking on the occasion, Mr. Chaudhary said “All ideas displayed at Tech-Fest are very novel, unique and impressive. Students here should push their ideas forward to make the innovative exhibits operational at a larger scale.” He urged students to think innovatively and differently and assured all help to take forward the innovative concepts displayed at this impressive event.

Students from around 25 educational and technical institutes (polytechnics, ITIs and secondary schools) are displaying their exhibits keeping in mind the underlying theme of the event—`Simplifying lives through technology’ (takniki gyan se jeevan asaan). The displays pertain to more than 40 Projects. Apart from showcasing the projects, students would also be participating in Cultural events, Quizes and Tech Debates in the two day festival, which will culminate on December 1, 2018 afternoon.

Mr Sourav Roy, Chief, CSR, Tata Steel and Capt Amitabh, Head, Skill Development, CSR, Tata Steel were also present along with the staff of TSTI, Burmamines on the occasion.

The Tech Fest is aimed to provide a platform for youngsters from Jamshedpur and nearby regions to showcase their creativity, innovative ideas and hidden technical talent.

After witnessing the success of first Tech fest in year 2016, it had been decided to make this an annual event and this year was it’s third edition.

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.