BY –

SAURAV ANCHLIA
CLASS – VIII F

INTRODUCTION
Tata Steel , formerly known as TISCO and Tata Iron and Steel
Company Limited, is the world's sixth largest steel company,
with an annual crude steel capacity of 28 million tonnes. It is
the second largest private sector steel company in India in
terms of domestic production. Ranked 315th on Fortune Global
500, it is based in Jamshedpur, Jharkhand, India. It is part
of Tata Group of companies. Tata Steel is also India's second-
largest and second-most profitable company in private sector
with consolidated revenues of Rs 1,32,110 crore and net profit
of over Rs 12,350 crore during the year ended March 31, 2008. 
Its main plant is located in Jamshedpur, Jharkhand, with its
recent acquisitions, the company has become
a multinational with operations in various countries. The
Jamshedpur plant contains the DCS supplied by Honeywell. The
registered office of Tata Steel is in Mumbai. The company was
also recognized as the world's best steel producer by World
Steel Dynamics in 2005. The company is listed on Bombay Stock
Exchange and National Stock Exchange of India, and employs
about 82,700 people (as of 2007). 

BREIF LOOK AT TATA STEEL

 Type Public (BSE: 500470)

Founded 1907

Headquarters Jamshedpur, Jharkhand, India

Key people Ratan Tata (Chair)

B Muthuraman(Balasubramanian
Muthuraman)(CEO)

Industry Steel

Products Hot and cold rolled coils and sheets

Wire and rods
Construction bars
Pipes
Structurals and forging quality steel

Revenue  US$33 billion

Employees 78,700 (2007)

Parent Tata Group

Website http://www.tatasteel.com/

HISTORY
At the turn of the twentieth century, the Tatas wanted to build
a steel plant in India. Parsi businessman Jamshetji Nusserwanji
Tata in 1907 decided to built a new city. Jamshedji Tata went to
Pittsburgh and asked geologist Charles Page Perin to help him
find the site to build his dream -- India's first steel plant. The
search for a site rich in the resources needed for the plant,
namely iron, coal, limestone and water began in April 1904 in
today's Madhya Pradesh. Tata Steel was established by Indian 
Tata Steel introduced an 8-hour work day as early as in 1912
when only a 12-hour work day was the legal requirement
in Britain. It introduced leave-with-pay in 1920, a practice that
became legally binding upon employers in India only in 1945.
Similarly, Tata Steel started a Provident Fund for its employees
as early as in 1920, which became a law for all employers under
the Provident Fund Act only in 1952. Tata Steel's furnaces have
never been disrupted on account of a labour strike and this is
an enviable record.

PRODUCTION
Tata Steel annually produces 9 million tonnes of steel in India
and 21.4 million tonnes overseas, making it the fifth largest
steel producer in the world. It produced a record-breaking 5.0
million tonnes of salable steel in its Jamshedpur works in 2006-
07. The company's gross revenue in that financial reporting
year was Rs. 20196.24 crores. Its PBT was Rs.6261.65 crores
and PAT was Rs.4222.15 crores in the same year. Tata Steel has
set an ambitious target to achieve a capacity of 100 million
tonne by 2015. Managing Director Balasubramanian
Muthuraman (shortened simply to "B Muthuraman") stated
that of the 100 million tonne, Tata Steel is planning a 50-50
balance between greenfield facilities and acquisitions. 
Overseas acquisitions have already added up to 21.4 million
tonne, which includes Corus production at 18.2 million tonne,
Natsteel production at two million tonne and Millennium Steel
production at 1.2 million tonne. Tata is looking to add another
29 million tonnes through the acquisition route.

Tata Steel has lined up a series of greenfield projects in India

and outside which includes 

6 million tonne plant in Orissa (India)

12 million tonne in Jharkhand (India)

5 million tonne in Chhattisgarh (India)

1. 3-million tonne plant in Iran

2.4-million tonne plant in Bangladesh

5 million tonne capacity expansion at Jamshedpur (India)

4.5 million tonne plant in Vietnam (feasibility studies

underway)

ACQUISITIONS
On 20 October 2006, Tata Steel announced that it had agreed
to pick up a 100% stake in the Anglo-Dutch steel maker Corus at
455 pence per share in an all cash deal, cumulatively valued
at GBP 4.3 billion.

In August 2004, Tata Steel entered into definitive agreements

with Singapore based NatSteel Ltd to acquire its steel business
for Singapore $486.4 million (approximately Rs 1,313 crore) in
an all cash transaction.

In 2005, Tata Steel acquired 40% Stake in Millennium Steel

based in Thailand for $130 million (approx. Rs 600 crore). 

In 2007 Tata Steel through its wholly owned Singapore

subsidiary, NatSteel Asia Pte Ltd acquired controlling stake in
two rolling mills: SSE

ENVIRONMENTAL ROCORD OF THE COMPANY

Steel Ltd, Vinausteel Ltd located in Vietnam.

The company is facing increasing criticism that the drive for

growth and profits is completely overshadowing its once famed
philanthropy and causing lasting social and environmental
damage at various locations. In response, Tata cites its
programs for environment and resource conservation, including
a reduction in greenhouse erosion, raw materials and water
consumption. The company has increased waste re-use and re-
cycling, and reclaims land at its captive mines and collieries
through forestation. Tata Steel's chief, environment and
occupational health, says, "Our capital investment in pollution-
abatement solutions was in the vicinity of Rs 400 crore in 2003-
04."

Dhamra Port
The Dhamra Port, a Joint Venture between Larsen &
Toubro and Tata Steel, has come in for criticism from groups
such as Greenpeace, Wildlife Protection Society of India and the
Orissa Traditional Fishworkers' Union. The port is being built
within five kilometres of the Bhitarkanika Sanctuary, a Ramsar
wetland of international importance, home to an impressive
diversity of mangrove species, saltwater crocodiles and an array
of avian species. The port will also be approximately 15 km.
from the turtle nesting beaches of the Gahirmatha Sanctuary,
and turtles are also found immediately adjoining the port site.
Aside from potential impacts on nesting and feeding grounds of
the turtles, the mudflats of the port site itself are breeding
grounds for horseshoe crabs as well as rare species of reptiles
and amphibians. One such species, the amphibian Fejervarya
cancrivora, is the first record for the Indian mainland.Company
considers these allegations as without any base and the people
behind them as low level opportunists.

CONTRIBUTIONS OF TATA STEEL

The Tata’s bought the steel empire to India.At the age of 43
J.N Tata read a report from german geologist who calimed to
find steel in chanda districts .this report gave J.N Tata idea of
setting steel plant.From 1900 to 1912 the discussion. It was
in 1907 that the Tata Steel was formed.When TISCO was
formed the area nearby was slowly develoved into a town
known as Jamshedpur.J.R.D Tatabuilt a multimillion sports
complex a tran station and various other buildings.nit
Jamshedpur was established in 1960 giving the people
anthor landmark to boast of.