Tata Steel inaugurates fully automated construction service centre in Ludhiana, Punjab
~ The Company partnered with Krishna Business Associates to launch its first such service centre in Punjab ~
~ This is Tata Steel’s fourth construction service centre after Cuttack, Ghaziabad and Vijayawada ~
Tata Steel today inaugurated a fully automated construction service centre in Ludhiana to offer customised reinforcement products and solutions to the construction industry. The centre was inaugurated by Ashish Anupam, Vice President, Long Products, Tata Steel, in the presence of other senior Company officials and channel partner representatives.
The state-of-the-art fully automatic downstream manufacturing facility is spread across 5 acres and has a production capacity of 1500 TPM (tonnes per month). This facility will produce customised Cut & Bend Tata Tiscon TMT rebars, and Bore Pile Cages along with Coupler threading under Tiscon ReadyBuild. The facility will subsequently extend its downstream solutions portfolio to include Welded Wire Mesh, thus establishing itself as a “One-Stop Downstream Construction Service Center”. This facility has been built in collaboration with the Company's channel partner Krishna Business Associates.
This cutting-edge facility is Tata Steel’s fourth such centre with three others in Cuttack, Ghaziabad aand Vijayawada opened for business recently.
Ashish Anupam, Vice President, Long Products, Tata Steel, said: "Today marks a significant milestone as we inaugurate our fully automated construction service centre in Ludhiana. This venture reinforces the Company’s commitment towards shaping India's construction sector through our growing focus on the Downstream Business. Through our partnership with Krishna Business Associates, we aim to deliver customised innovative offerings for the construction sector and address the growing infrastructure demand in the region.”
The Company also organised ‘Converse to Construct’ meet of the AEC (Architecture, Engineering, and Construction) community in Chandigarh. This meet was attended by more than a hundred customers and consultants from the infrastructure, housing, and industrial sectors. The event showcased distinguished industry speakers: Spartaco Pluchinotta from TJK Machinery and Prashanth Kumar Sreram from NICMAR. They delivered thought-provoking presentations on "Latest Construction Technologies Across the World" and "Role of Green Steel in Construction" respectively.
The fully automated service centres are helping in shaping the construction industry and positioning Tata Steel as a knowledge-intensive leader that reiterates the Company's commitment to innovation and excellence by looking beyond traditional steel production and forging ahead as a comprehensive solution provider for the construction sector. The company plans to have 10 such centres across the country by 2025.
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.
For queries and information
Sarvesh Kumar,
Chief Corporate Communications, Tata Steel,
E-mail : sarvesh.kumar@tatasteel.com
About Tata Steel
- Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 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$30.3 billion in the financial year ending March 31, 2023.
- A Great Place to Work-CertifiedTM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.
- Tata Steel has announced its major sustainability objectives including Net Zero Carbon by 2045.
- The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making by 2025’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants.
- Tata Steel aspires to have 25% diverse workforce by 2025. The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.
- The Company 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.
- Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteelTM Subsequently, its Kalinganagar and Meramandali plants have also received the certification. In India, Tata Steel now has more than 90% of its steel production from ResponsibleSteelTM certified sites.
- Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2023 Steel Sustainability Champion recognition from worldsteel for six years in a row, 2022 ‘Supplier Engagement Leader’ recognition by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, Ranked as the 2023 most valuable Mining and Metals brand in India by Brand Finance, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, and ‘Best Corporate for Promotion of Sports’ recognition at the Sportstar Aces Awards 2024.
- Received 2023 ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk’ - Metals & Mining Sector recognition at The India Risk Management Awards for the seventh consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.
Photographs: Management and Plant facilities
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