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Maintaining long-term competitiveness key to future: TV Narendran

Kidney and bone marrow transplant to start in TMH: Bhaskaran

Jamshedpur: Tata Steel will continue improving the quality of life in the city where it started. The people of the city are always there on its priority list. This was observed on Wednesday by Tata Steel MD and CEO TV Narendran at a meeting with Singhbhum Chamber of Commerce and Industry (SCCI) members.

Addressing the gathering of local traders and industrialists and representatives of various trade organizations at Chamber Bhavan, Bistupur, Narendran said the company is spending up to six per cent of its profit on corporate social responsible (CSR) initiatives. In addition to CSR expenses, the company also spends a lot on maintaining the city and providing basic civic amenities to the people, he said.


Maintaining that the steel sector keeps witnessing fluctuating demand, Narendran said the company continues working in the larger interest of the workers and the citizens at large. This year too, the company has signed a good bonus agreement despite many challenges, he said.

Narendran said Tata Steel would take into account the expectations of the traders and industrialists as well as the citizens as far as possible. He appealed to traders to maintain long-term competitiveness for which even the Tata Steel keeps striving.

Narendran said the company has to become competitive for the auction of mines in 2030. He said the company would keep doing public good provided it withstands future challenges.

Also present on the occasion, Sunil Bhaskaran, VP, Corporate Services, Tata Steel, said the company was keen on improving certain services including healthcare and air connectivity in the city.

Bhaskaran said a lot had been done to start commercial flights from the city. Talks were held with the government authorities including Union Minister Jayant Sinha. But due to certain constraints, the services have not been started yet, he said.

The VP further said kidney and bone marrow transplant would soon be started at Tata Main Hospital. By October, many new machines would be installed. TMH and MTMH would be upgraded so that city people do not have to move out for better treatment, he said.

Earlier, Vijay Anand Moonka, honorary general secretary of SCCI, and Ashok Bhalotia, president, SCCI, read out certain issues pertaining to healthcare, education, civic amenities and trade and business before the Tata Steel MD and other dignitaries.

They said expectations from Tata Steel regarding improvement in health and education facilities in the city were quite high. They also demanded that vendors of Tata Steel should be given preference in the Kalinganagar plant. Narendran and Bhaskaran said the company would continue improving the town services. They said Tata Steel too, valued the local traders and industrialists.

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