Saturday, June 25, 2022

Tata Steel to invest Rs 1500 cr to double production in Tinplate Company: TV Narendran

Tata Steel MD promises all-round development of Jamshedpur

Narendran addresses Singhbhum Chamber of Commerce

Tata Steel to invest Rs 600 cr to set up new Rolling Mill at ISWP, says MD

Jamshedpur, June 6: Tata Steel has plans to double the production at The Tinplate Company of India Limited (TCIL) in the next three years. An amount of Rs 1500 crore has been earmarked as investment in the company in a phased manner.

Moreover, the steel major has also decided to come up with a Rolling Mill at ISWP with an investment of Rs 600 crores. The company is working on further strengthening its downstream product line, said T V Narendran, CEO and MD, Tata Steel.  

Sharing Tata Steel’s vision for the development the city, while interacting with the members of the Singhbhum Chamber of Commerce and Industry (SCCI) , the largest organisation of traders in Kolhan, on Monday evening, Narendran said that the company is focused on promoting MSMEs and promoting vendors spread across the city.

“We want to promote the local vendors. The company has set up a committee to promote local vendors through its development programme. Our idea is not only to develop vendors to cater to the needs of Tata Steel but to expand their reach on a national level,” said Narendran.   

The managing director also emphasised on skill development and product development, while referring to the ancillary units at Adityapur in adjoining Seraikela-Kharsawan district. He stressed upon local ancillary industries meeting top-notch benchmarks as well as the company’s vision to retain the city’s intellectual capital with competent cradles in higher education and beefing up healthcare units.

While answering queries of the members of Chamber, Narendran said efforts are being made for infrastructure development like airport and medical facilities.

Meanwhile, Narendran reiterated to take Jamshedpur to a further height of development. “Everyone has a responsibility for the development of the city.  With the cooperation of everyone we would like to take Jamshedpur to a different level and make it an attractive place,” he said while addressing the august gathering. Narendran promised all-round development of the city.

Narendran said that “Tata Steel has given a lot to this city in the past 100 years and will continue to do so in future. The city needs quality services. We are looking in this direction”. 

Prior to this Chanakya Chaudhary, vice president, corporate services, Tata Steel, promised continued dedicated services for the city. He went on to add that the company is widening roads, adding infrastructures to reduce traffic of heavy vehicles which usually criss-cross the city. He also re-iterated the company’s commitment of providing state-of-the-art healthcare facilities. He gave an example of Manipal Medical College in Jamshedpur.  He said the company is willing to support more private bodies if they want to invest in the city in medical and education areas.  He also expressed the need for co-operation with SCCI, the leading trade body of the region.

Vijay Anand Moonka, president, SCCI in his welcome address drew the attention of the managing director towards various issues concerning the city.  

Diabetic Centre to come up at TMH: Chanakya Chaudhary

Jamshedpur, June 6: As part of its effort to provide better health care facilities, Tata Steel has decided to come up with a Diabetic Centre at Tata Main Hospital (TMH) to meet the challenges posed by rising cases in the State. The centre is expected to start functioning from September this year.  While addressing the members of SCCI, Chanakya Chaudhary, vice president, corporate services, Tata Steel, said, “Tata Steel has enhanced its medical services in the city in the last five years. Continuing with this the company has started the process for Diabetic Centre. It will not only play a role to manage the disease but also to control it. The hospital has set up a dedicated team to work for the Diabetic Centre.”    

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