Productivity Week concludes at Tata Steel

The week-long Productivity Week celebrations came to an end today with the “Valedictory Function” at Steelennium Hall inside the Tata Steel Works. On this occasion, the best performers of various events were recognised.

Mr Alakesh Roy, Managing Director Zamil India and General Director Zamil SEA and Mr S L N Murthy, President of Titan Employees’ Union were the keynote speakers during the Valedictory Function. Mr Avneesh Gupta, Vice President (TQM & Shared Services) was the Chief Guest of the function.

The theme for this year`s Productivity Week was “Reinforcing Productivity for a better tomorrow”. During the week, a conference on “Embracing simulation and future technologies for achieving enhanced productivity" was organised.

Mr D B Sundara Ramam, Vice President (Raw Materials) was the Chief Guest of the conference during the Productivity Week. He narrated the journey of productivity improvement in Raw Materials Division and the need for implementing various enablers for productivity improvement such as digitalisation, automation and mechanisation, throughput improvement etc.

Productivity Contest for the employees was also organized during the week. The departments show-cased their success stories resulting in Productivity Improvement. The shortlisted cases were displayed and evaluated by a panel of Judges. Shared Services was judged as Winners of Productivity Contest at divisional level while Iron Making was the runners-up.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum. It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $22.67 billion in the financial year ending March 31, 2019. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd).

A Great Place to Work-Certified organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel retained the ‘Global Steel Industry Leader’ position in the DJSI 2018. 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 has won several awards including the Lighthouse recognition for its Kalinganagar Plant – a first in India, Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, ‘GreenPro’ certification for products (Tata Pravesh Steel Doors, Tata Structura, Tata Pipes) by CII, Authorized Economic Operator  (AEO) status (Tier 2) by the Directorate of International Customs (Ministry of Finance, Govt. of India), ‘Corporate Strategy Award’ by Mint (2018), Golden Peacock Award for Risk Management (2018) and Best Risk Management Framework & Systems Award (2019) by CNBC TV18. The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the eight time (2019), Steel Sustainability Champion (2018) by the World Steel Association, Dun & Bradstreet Corporate Awards (2019), Golden Peacock HR Excellence Award by Institute of Directors (2018), ‘Best Companies To Work For’ recognition by Business Today, 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Last year, the Company launched a corporate brand campaign #WeAlsoMakeTomorrow..

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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.

Kulvin Suri

Chief, Corporate Communications-India & SEA

Tata Steel

E-mail: kulvinsuri@tatasteel.com