Tata Steel Group Overview
Tata Steel Group is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India. It is part of the Tata Group, one of India’s largest conglomerates. Tata Steel Group is India’s second-largest and the world’s tenth-largest steel company, producing more than 30 million tonnes of steel annually. In the fiscal year 2020-21, the company generated revenue of INR 3.25 trillion (US$44.6 billion).
Tata Steel Group has two major components—Tata Steel Limited (accounting for the majority of the group’s operations) and Tata Steel Europe (formerly known as Corus). The former is India’s largest and most geographically diversified steel producer, making it the country’s largest steel exporter. The latter is a subsidiary of the former and is an integrated European steelmaker with operations in the Netherlands, the United Kingdom, and Germany. Both Tata Steel and Tata Steel Europe have a presence in more than 100 countries across the globe.
Tata Steel Group’s products portfolio includes a variety of flat and long steel, semi-finished products, tubes, wires, and rods. It also makes more specialized products—like high-temperature alloys, engineered-to-order steel, automotive components, and defense systems. The company also offers customized, high-end steel alloys, galvanized steel, stainless steel, and galvannealed steel products.
Tata Steel Group has a worldwide presence, having established and maintained operations in some of the world’s most demanding markets. Its customers range from large industries to small businesses and consumers. The company has also taken part in a number of joint ventures and technical collaborations with major steel companies. It has partnerships with governments and bilateral agencies to promote the development of commercially attractive and socially responsible steel products.
Tata Steel is known for its commitment to sustainability and social responsibility. It has embraced green technology, made energy conservation a strategic priority, and implemented enhanced safety measures. Its commitment to green initiatives has earned it numerous honors and awards. The company adheres to stringent quality standards and pursues continuous improvement initiatives throughout its operations.
Tata Steel Group is one of the world’s leading steel conglomerates, providing steel users and end-users with a secure, reliable and sustainable supply. It has created a truly global portfolio of offerings and established itself as an integral part of the business landscape of some of the world’s leading markets. Their long-standing and long-term commitment to improvement, innovation and sustainability ensure a prosperous and stable future for the company and its stakeholders.
