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Vice President of India releases commemorative postal stamp and coffee table book to commemorate 100 years of Jamshedpur

Jamshedpur, February 17, 2020

~ Applauds Tata group`s ethical approach to business ~

Shri M Venkaiah Naidu, Hon’ble Vice President of India, released the commemorative postal stamp, coffee table book at Tata Auditorium -XLRI today. He was the Chief Guest of the Commemorative Function of 100 Years of Jamshedpur and was accompanied by Smt Droupadi Murmu, Hon’ble Governor of Jharkhand; Shri Champai Soren, Hon’ble Minister of Welfare, Government of Jharkhand and Shri Anil Kumar, Chief Post Master General, Jharkhand.

Addressing the gathering at Tata Auditorium - XLRI, the Hon’ble Vice President of India applauded the Tata group for its ethical approach to business and commended Tata Steel for its contribution towards improving the quality of life of the community for over 100 years. He described Jamshedpur as India’s first planned industrial city that had earned the distinction of becoming the country’s role model for sustainable urban and industrial development.

He dwelt at length on the priorities of the government and outlined the investment opportunities that can contribute to the economic growth of the country. He said that the development of a sustainable strategy is increasingly becoming an imperative for companies’ survival and longevity and Jamshedpur is a glowing example of sustainable development.

In her address, Smt Droupadi Murmu, Hon’ble Governor of Jharkhand said that over the last 100 years, Jamshedpur had transformed itself to become the most populous and economically-prosperous city of Jharkhand. She stressed upon the imperatives to preserve and protect the State’s rich tribal culture and heritage. “Tribal folk and dance forms such as Jhumar, Chhau, Mundari and Santhali must not just be preserved but also nurtured. Focus should also be laid on the preservation of tribal languages, practices and social ethos,” she said.

Mr T V Narendran, CEO & Managing Director of Tata Steel, recalled that, in the year 1919, the then Governor General of India, Lord Chelmsford, had rechristened Sakchi as Jamshedpur in honour of its Founder, Jamsetji Nusserwanji Tata. He thanked the Government of India for releasing a commemorative postal stamp to mark the centenary of the naming of the city. 

Earlier in the day, Hon’ble Vice President of India visited the Centre for Excellence (CFE), where he and Hon’ble Governor of Jharkhand planted banyan tree saplings. They were facilitated through a walkthrough exhibition on the 100-year journey of Tata Worker’s Union (TWU) by Mr R Ravi Prasad,President TWU. Committee Members of TWU were also present on the occasion and introduced to the Hon’ble Vice president of India. TWU is the first union in the country to complete 100 years having been built on the fundamental principle and spirit of “working together”.

Hon’ble Vice President of India and Hon’ble Governor of Jharkhand were also shown the Tata Steel Archives at CFE where the Tata Steel story was shared with them.  Tata Steel Archives is the first Business Archives in the country.

Among those present at CFE from Tata Steel were Mr Suresh Dutt Tripathi, Vice President (Human Resource Management), Mr Chanakya Chaudhary, Vice President (Corporate Services) and other officers from the leadership team of Corporate Services.

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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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