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The Tata Steel Group has always believed that mutual benefit of countries, corporations and communities is the

most effective route to growth. Tata Steel has not limited its operations and businesses within India but has built an imposing presence around the globe as well. With the acquisition of Corus (now Tata Steel Europe) in 2007 leading to commencement of Tata Steel's European operations, the Company today is one of the largest steel producers in the world with employee strength of above 81,000 across five continents. During the financial year 2012-2013, the Group recorded deliveries of 24.13 million tonnes and a turnover of Rs.1, 34, 712 Crores. The Company has always had significant impact on the economic development in India and now seeks to strengthen its position of pre-eminence in international domain by continuing to lead by example of responsibility and trust.

Tata Steels overseas ventures and investments in global companies have helped the Company create a manufacturing and marketing network in Europe, South East Asia and the Pacific-rim countries. The Groups South East Asian operations comprise Tata Steel Thailand, in which it has 67.9% equity and Nat Steel Holdings, which is one of the largest steel producers in the Asia Pacific with presence across seven countries.

Given below is an outline of Tata Steel's operations in Europe and South East Asia.

Tata Steel Europe

The lineage of Corus can be traced back to the earliest days of steel production in the UK and The Netherlands. In 1988, the British Steel Corporation was privatised and 12 years later it merged with Koninklijke Hoogovens of The Netherlands to form Corus. With their very different but equally proud and long histories, Tata Steel and Corus had much in common in terms of business culture and global vision. Thus, the idea of collaborative growth through Tata Steel European operations was an approach particularly relevant in the global market today. At present, Tata Steel Europe supplies steel and related services to the construction, automotive, packaging, rail, energy and power, lifting and excavating and other demanding markets worldwide. Visit website : www.tatasteeleurope.com

NatSteel Holdings Headquartered in Singapore, NatSteel Holdings (previously NatSteel Asia) is a leading supplier of premium steel products for the construction industry and was actively involved in Singapores nation building efforts. It became a 100% subsidiary of Tata Steel in February 2004. NSH produces about 2 MTP of steel products annually across its regional operations. Visit website : www.natsteel.com.sg

Tata Steel Thailand

Tata Steel Thailand (previously Millennium Steel) is headquartered in Bangkok, and is a major steel producer in and is the largest producer of long steel products with a manufacturing capacity of 1.2 MTPA.

A strong focus on Value Creation and Corporate Citizenship has helped the Tata Steel Group build an enviable corporate reputation founded in honest and transparent approaches.

The values and principles, which have Governed Tata Steels business for a century, have been deployed through the implementation of the Tata Code of Conduct ( TCOC, often referred to as the 'Code' ), which was first formally articulated in 1998. This was intended to serve as a guide to each employee on the values, ethics and business principles expected of him or her in personal and professional conduct. The Management of Business Ethics is effectively instituted today in Tata Steel through its four pillars concept.

Leadership System and Processes Training and Awareness Measurement

In 2008, in line with changing times and the globalisation of the Tata Group, the Code was updated in consultation with group companies around the world. The revised Code of Conduct was adopted by the Tata Steel Group Board in October 2008. It addresses contemporary issues of concern for global business along with the importance of implementing a sustainability protocol.

1. Strategic Intent of Tata Steel The Tata Group is known for its ethos of aligning business opportunities with nation building. One of Indias most reputed companies from the Tata Group, set up in 1907, Tata Steel is Asias first and Indias largest private sector steel company. Tata Steel is among the lowest cost producers of steel in the world. Its strategic intent is expressed in terms of a hierarchy of vision, mission, strategic goals and strategies. VISION 2007 To seize the opportunities of tomorrow and create a future that will make it an economic value added positive company To continue to improve the quality of life of our employees and the communities we serve Revitalize the core business for a sustainable future Venture into new businesses that will own a share of our future Uphold the spirit and values of Tatas towards nation building. MISSION STATEMENT Consistent with the vision and values of the founder Jamshetji Tata, Tata Steel strives to strengthen Indias industrial base through the effective utilization of staff and materials. The means envisaged to achieve this are high technology and productivity, consistent with modern management practices. Tata Steel recognizes that while honesty and integrity are the essential ingredients of a strong and stable enterprise, profitability provides the main spark for economic activity. Overall, the Company seeks to scale the heights of excellence in all that it does in an atmosphere free from fear and thereby reaffirms its faith in democratic values. STRATEGIC GOALS Move from commodities to brands EVA positive core business Continue to be lowest cost producer of steel Value creating partnerships with customers and suppliers Enthused and happy employees Sustainable growth 2. STRATEGY Manage knowledge Outsource strategically Encourage innovation and allow the freedom to fail Excel at TBEM: The Tata Business Excellence Model Unleash peoples potential and create leaders who will build the future Invest in attractive new businesses Ensure safety and environmental sustainability Divest, merge and acquire Consistent with the group purpose, Tata Steel constantly strives to improve the quality of life of the communities it serves through excellence in all facets of its activities. We are committed to create value for all our customers and key stakeholders by continually standardizing, improving and innovating our offerings, systems and processes involving all our employees. This policy shall form the basis of establishing and reviewing the Business Objectives and Strategies and shall be communicated across the organization. The policy will be reviewed to align with business direction and to comply with all the requirements of TQM Principles. Tata Steel is an equal opportunity employer. Tata Steel recognizes that its people are the primary source of its competitiveness. It will pursue management practices designed to enrich the quality of life of its employees, develop their potential and maximize their productivity.

It will aim at ensuring transparency, fairness and equality in all its dealings with its employees. Tata Steel shall strive continuously to foster a climate of openness, mutual trust and teamwork. In the process Tata Steel shall strive to be the employer of choice by attracting the best available talent and ensuring a cosmopolitan workforce

Tata Steels environmental responsibilities are driven by our commitment to preserve the environment and are integral to the way we do business.

1. We are committed to deal proactively with Climate Change issue by efficient use of natural resources & energy; reducing and preventing pollution; promoting waste avoidance and recycling measures; and product stewardship. o We shall identify, assess and mange our environmental impact. o We shall regularly monitor, review and report publicly our environmental performance. o Well shall develop & rehabilitate abandoned sites through afforestation and landscaping and shall protect and preserve the bio-diversity in the areas of our operations. o We shall enhance awareness, skill and competence of our employees and contractors so as to enable them to demonstrate their involvement, responsibility and accountability for sound environmental performance. 2. We are committed to continual improvement in our environmental performance. o We shall set objective-targets, develop, implement and maintain management standards and system, and go beyond compliance of the relevant industry standards legal and other requirements. 3. We will truly succeed when we sustain our environmental achievement and are valued by the communities in which we work.