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Tata Tiscon completes 20 years in India as a leader in TMT Rebar

Mumbai, February 12, 2021

~ Poised for expansion and growth targeted at the millennial home builders ~

Tata Tiscon, India’s best-known rebar brand from the house of Tata Steel, completed two decades in 2020. Launched in December 2000, Tata Tiscon has grown to become the largest B2C brand in Tata Steel’s portfolio with market share of 14% and revenue of ~INR 7000 crore.

Sanjay S. Sahni, Chief of Marketing & Sales, Branded Products & Retail, Tata Steel, said: “We are delighted that Tata Tiscon has completed its 20 glorious years in India. Tata Tiscon, in the past two decades, has revolutionised the category through its various initiatives such as enabling the rebars to feature in the B2C portfolio, giving the power of choice to the end-users, and is also the first rebar brand to go online. We have consciously invested in educating the customers about the category so they can make informed decisions while buying a home or building infrastructure. We are proud to be a part of this successful journey and will continue to strive for customer satisfaction and superior products.”

Tata Tiscon Rebars are made of steel, in turn made from virgin iron ore. Hence these are free from impurities. Further, during manufacturing the steel is purified using best of intermediary processes. Lower impurity content gives it uniform properties across the length. The brand has launched multiple campaigns over the years to educate and target the evolving needs of the customer. In 2005-06, the “Atoot Jod” campaign followed with the “Joy of Building” and “SD Man” campaign launched in 2012 and 2017 respectively were the most successful campaigns from the brand.

Since its inception, Tata Tiscon has been a pioneer in many product and service innovations. It reshaped the category by being the first rebar brand to be sold on e-commerce platforms in 2015. With its customer-first approach, innovative products, and continuous nurturing of its distribution channel, Tata Tiscon has emerged as a market leader. It is the first rebar brand to introduce customer service engineer service and digital platform, Sampoorna, for channel partners.

Over the last 20 years, Tata Tiscon focused on building credibility and highlighted the importance of pure steel for home building. With its wide range of rebars, it has ensured that all the customer segments are catered to in an effective way. With a well-established network of more than 6500 dealers, Tata Tiscon sells across the length and breadth of the country and enjoys a prominent market share.

Tata Tiscon has introduced several breakthrough innovations in retail ecosystem like selling by piece, transparency in pricing through RCP (Recommended Consumer Price) and innovative Products like Superlinks (machine made stirrups) which enhanced quality of construction & changed the landscape of Individual Home Builders (IHB) construction. The brand is also credited with many firsts - being the first brand to offer life insurance cover for the under-insured community or creating a loyalty programme ‘Atoot Rishtey’ for the dealers and MITR programme for the masons. The brand drives the message of sustainability through its Go Green initiative.

Tata Tiscon is one of the hero brands from the house of Tata Steel and the brand is poised to achieve many more milestones in the future as well. The brand will continue its efforts to be an integral part in the home-building journey of the consumers. Golden Home Consumer programme and Tata Basera offer – initiatives to provide more value to consumers – will be driven further.

The product brand is also a part of the Aashiyana’s offerings where any first-time home builders, architects and engineers can inquire and assess the product as per their needs. Aashiyana is the next-gen shopping platform for new age millennials who are more inclined towards making informed decisions about the materials used for building purposes.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 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 $19.7 billion in the financial year ending March 31, 2020.

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 has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 5 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteelTM and worldsteel’s Climate Action Programme, Tata Steel has won several awards and recognitions including the World Economic Forum’s Global Lighthouse recognition for its Kalinganagar Plant - a first in India, and Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India’s most valuable Metals & Mining brand by Brand Finance, received the ‘Honourable Mention’ at the National CSR Awards 2019, Steel Sustainability Champion 2019 by worldsteel, CII Greenco Star Performer Award 2019, ‘Most Ethical Company’ award 2020 from Ethisphere Institute, Best Risk Management Framework & Systems Award (2020) by CNBC TV-18, and Award for Excellence in Financial Reporting FY20 by ICAI, among several others.

To know more, visit www.tatasteel.com and 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.

Sarvesh Kumar

Chief, Corporate Communications

Tata Steel

E-mail: sarvesh.kumar@tatasteel.com