what is Tisco mpany formed
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Answer:
TISCO stands for Tata Iron & Steel Company. Tata Iron & Steel Company has been renamed and is presently known as Tata Steel. Tata Motors is headquartered in Mumbai. It is an Indian Multinational Steel making Company. It is a member of the Tata Group. It is one of the top steel producing companies in the world and is the second largest steel producer of India and comes only after SAIL. Tata Steel has manufacturing operations in 26 countries, including Australia, China, India, the Netherlands, Singapore, Thailand, and the United Kingdom. The largest plant of Tata steel is located at Jamshedpur, Jharkhand. Tata Steel provides employment to about 81,000 people. Recently Tata Steel acquired the UK Steel producer CORUS, making it the 5th largest steel producer in the world. Tata Steel was awarded the 7th most valuable Indian Brand and stands 486th in the Fortune Global 500 Ranking of World’s biggest corporations.
Formerly known as Tata Iron and Steel Company Limited (TISCO), Tata Steel is among the top steel producing companies in the world with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US$19.7 billion in the financial year ending 31 March 2020. It is the second largest steel company in India (measured by domestic production) with an annual capacity of 13 million tonnes after Steel Authority of India Ltd. (SAIL)
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