Jamshedpur, April 1: Tata Pigments Limited, a wholly owned subsidiary of Tata Steel, has surpassed the previous records of Production and Sales in the Financial Year 2014-15 and created new records.
Tata Pigments has produced Prime Pigments of 3653 tonnes during the Financial Year 2014-15 as against 3529 tonnes in the previous year, registering a growth of 3.51%.
Total Sales – Pigments & Paints is 18904 tonnes during the Financial Year 2014-15 as against 17586 tonnes previous year, registering a growth of 7.50%.
As for Industrial Decorative & Coating Services (IDCS) business is concerned, the Company has achieved a business of Rs.20 crores by registering a growth of 20% over last year.
During the year Tata Pigments developed, produced and marketed 450 tonnes – an import substitute pigments product for paint and construction industry.
First time the company has crossed the Total Turnover figure of Rs.100 crores. During the last six years the company’s Turnover has gone up from Rs.32 crores in FY 2009 to Rs.100 crores in FY 2015 registering a growth of 212% over FY 2009.
On this occasion, Managing Director, Prakash Sarode & Raju Tudu, General Secretary, Tata Pigments Workers’ Union jointly cut the cake and addressed the employees.