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Founder’s Day: Tata Steel pays homage to JN Tata on his 183rd birth anniversary

Jamshedpur, March 03, 2022

~ The theme of this year’s Founder's Day is “Life@TataSteel – Build the tomorrow you deserve” ~

Tata Steel today paid homage to its Founder Jamsetji Nusserwanji Tata, also regarded as the legendary ‘Father of Indian Industry’ on his 183rd Birth Anniversary. Celebrated as the Founder’s Day, the flagship event happens every year at Jamshedpur on March 3 to pay tributes to the founder’s vision of an industrial future with community welfare at its core.

The event in Jamshedpur today was graced by N Chandrasekaran, Chairman, Tata Sons and T V Narendran, CEO & MD, Tata Steel. Other senior company officials, as well as Union members, were also present during the occasion.

In his address to the citizens of Jamshedpur at Bistupur Postal Park, N Chandrasekaran said: “The citizens of Jamshedpur have always been supportive of Tata Steel and the Tata Group. The way the people worked together during the Covid period is a testament to the value system that has been instilled in the group by our founder for a very long time.”

Tata Steel has had the best-ever performance in its history, in terms of output and financial performance; it has been a historic one. The Company has a very energetic, vibrant, and well-meaning workforce. It beautifully blends growth, performance, and aspiration but most importantly does it with purpose and does not shy away from putting its hand up every time something needs to be done for the society. The Tata Group is committed to Tata Steel in a big way. The current capacity in India of 20 MnTPA is going to be doubled during this decade,” he added.

The theme of this year’s Founder`s Day is “Life@TataSteel – Build the tomorrow you deserve”, a reflection of life where profession meets passion, ambition meets compassion and work meets leisure and continue to build a Tata Steel where people work harmoniously today, to build a better tomorrow for self and the world. JN Tata had begun his entrepreneurial journey with a textile mill in central India in the 1870s. His vision inspired the steel and power industry in India, set the foundation for technical education, and helped the country leapfrog to join the ranks of industrialised nations. This year’s exhibition at Steelenium Hall inside Jamshedpur Works was based on the same theme.

Like every year, around 40 landmark spots in Jamshedpur--including heritage buildings, places of worship, dozens of roundabouts etc. have been illuminated. The annual sporting activities were also held today at the JRD Sports Complex in Jamshedpur. However, they were restricted to “no contact” sports like running, long jump, and race walk. The celebrations at Jamshedpur Works were live streamed for employees and the larger populace.

On March 2, 2022, various projects were inaugurated by N Chandrasekaran in the presence of T V Narendran.  They included Integrated Sinter Plant Operation Centre (i-SPOC) at Jamshedpur Works, the virtual inauguration of remote trials of first equipment of Pellet Plant & Cold Rolling Mill at Tata Steel Kalinganagar, the ground-breaking ceremony of rooftop solar plants by Tata Power at Jamshedpur Works, and the inauguration of Fitness Avenue along Kadma-Sonari Link Road. He inaugurated the illumination at the Founder's Statue in Jubilee Park as well. The Chairman also met senior office-bearers of Tata Workers’ Union at Jamshedpur Works.

Likewise, the Founder’s Day celebrations were organised at other locations and offices of Tata Steel across the country. At the Kalinganagar Plant, the event included a march-past and flower tribute to the founder. Tata Steel’s Meramandali plant in the Dhenkanal district of Odisha was decorated with lights and athletics competitions among children and employees were organised by the sports department to mark this occasion.

The celebrations were arranged by putting in place appropriate Covid-19 safety protocols while ensuring that all stakeholders are given enough opportunities to pay their respects to JN Tata’s memory.

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 recorded a consolidated turnover of US $21.06 billion in the financial year ending March 31, 2021.

A Great Place to Work-CertifiedTM 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 10 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 Jamshedpur, Kalinganagar and IJmuiden Plants, 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, featured amongst CII Top 25 innovative Indian Companies in 2021, received Steel Sustainability Champion recognition from worldsteel for four years in a row, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.

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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.

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Sarvesh Kumar

Chief, Corporate Communications - Tata Steel