tisco and it's origin expansion
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By 1939 it operated the largest steel plant in the British Empire. The company launched a major modernization and expansion program in 1951. Later in 1958, the program was upgraded to 2 million metric tonnes per annum (MTPA) project. ... The company changed its name from TISCO to Tata Steel in 2005.
Tata Iron and Steel Company was founded by Jamshedji Tata and established by Dorabji Tata on 26 August 1907,which began producing steel in 1912,as part of his father Jamshedji's Tata Group. By 1939 it operated the largest steel plant in the British Empire. The company launched a major modernization and expansion program in 1951. Later in 1958, the program was upgraded to 2 million metric tonnes per annum (MTPA) project.[9] By 1970, the company employed around 40,000 people at Jamshedpur, with a further 20,000 in the neighbouring coal mines. In 1971 and 1979, there were unsuccessful attempts to nationalise the company. In 1990, it started expansion plan and established its subsidiary Tata Inc. in New York. The company changed its name from TISCO to Tata Steel in 2005.Tata Steel on Thursday, 12 February 2015 announced buying three strip product services centres in Sweden, Finland and Norway from SSAB to strengthen its offering in Nordic region. The company, however, did not disclose value of the transactions.In September 2017, ThyssenKrupp in Germany and Tata Steel announced plans to combine their European steelmaking businesses. The deal will structure the European assets as Thyssenkrupp Tata Steel, a 50-50 joint venture. The announcement estimated that the company would be Europe’s second-largest steelmaker with company seat in Amsterdam.