Write a short note on Tata Iron and steel Company
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Tata Steel Limited (formerly Tata Iron and Steel Company Limited (TISCO) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group.
It is one of the top steel producing companiesglobally with annual crude steel deliveries of 27.5 million tonnes (in FY17), and the second largest steel company in India (measured by domestic production) with an annual capacity of 13 million tonnes after SAIL.[3]
Tata Steel has manufacturing operations in 26 countries, including Australia, China, India, the Netherlands, Singapore, Thailand and the United Kingdom, and employs around 80,500 people.[2] Its largest plant located in Jamshedpur, Jharkhand. In 2007 Tata Steel acquired the UK-based steel maker Corus.[4]
[2] It was ranked 486th in the 2014 Fortune Global 500 ranking of the world's biggest corporations.[5] It was the seventh most valuable Indian brand of 2013 as per Brand Finance.
It is one of the top steel producing companiesglobally with annual crude steel deliveries of 27.5 million tonnes (in FY17), and the second largest steel company in India (measured by domestic production) with an annual capacity of 13 million tonnes after SAIL.[3]
Tata Steel has manufacturing operations in 26 countries, including Australia, China, India, the Netherlands, Singapore, Thailand and the United Kingdom, and employs around 80,500 people.[2] Its largest plant located in Jamshedpur, Jharkhand. In 2007 Tata Steel acquired the UK-based steel maker Corus.[4]
[2] It was ranked 486th in the 2014 Fortune Global 500 ranking of the world's biggest corporations.[5] It was the seventh most valuable Indian brand of 2013 as per Brand Finance.
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Answer:
Tata Iron and Steel Company (TISCO) was founded by Jamsetji Nusserwanji Tata and established by Sir Dorabji Tata on 26 August 1907.
Explanation:
- Tata Steel Limited (previously Tata Iron and Steel Company Limited (TISCO)) is a Tata Group subsidiary headquartered in Mumbai, Maharashtra, India. Tata Iron and Steel Firm was founded by Dorabji Tata on August 25, 1907, as part of his father Jamsetji Tata's Tata Group. It was the world's 11th largest steel producing company in 2013. It was the largest steel factory in the British Empire by 1939.
- Fortune magazine ranked Tata Steel as India's 7th most admired corporation in 2013. In 2012, it was India's most admired firm.
- Tata Steel celebrated its 100th anniversary of steel production in India on February 12, 2012.
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