The city paid tribute to its Founder, Jamsetji Nusserwanji Tata, on his 186th birth anniversary, celebrating his pioneering vision as the 'Father of Indian Industry.' The Founder’s Day event, held annually on March 3 in Jamshedpur, commemorates his commitment to industrial progress and community welfare.
The theme for this year’s celebrations, 'Leadership in Market, Technology, and Cost,' reinforces Tata Steel’s mission to prioritize customer needs and harness technology for global cost leadership.
The celebrations began with a floral tribute at the Works Main Gate, attended by senior officials, members of the Tata Workers' Union (TWU), and Jamshedpur citizens. N Chandrasekaran, Chairman, Tata Sons, along with T V Narendran, CEO & MD, Tata Steel, Koushik Chatterjee, Executive Director & CFO, Tata Steel, and other dignitaries, paid homage at Jamshedpur Works and Postal Park.
On the eve of Founder’s Day (March 2), N Chandrasekaran inaugurated the grand Jubilee Park illumination, continuing a cherished tradition. Over 20 key landmarks across the city, including roundabouts and buildings, were decked in colorful lights, captivating residents and visitors. Jubilee Park will remain open to the public from March 3 to 5.
Tata Steel marked the occasion with several major inaugurations: March 1: New Prem Jyoti Prangan School, a state-of-the-art learning facility funded by Tata Steel, was inaugurated. The region’s first Pet Crematorium was opened, offering a dignified and environmentally responsible solution for pet owners. March 3: A high-tech Operation Theatre at Meherbai Tata Memorial Hospital was inaugurated, enabling advanced in-house cancer surgeries. March 4: The launch of a Spine Clinic at Tata Main Hospital, dedicated to treating complex spinal disorders. March 4: A Stroke Unit to be inaugurated, ensuring rapid response and specialized care for stroke patients.
Tata Steel’s Sports Division also hosted a range of sporting events at the JRD Tata Sports Complex on March 2 and 3, engaging athletes and citizens alike. Tata Steel, in collaboration with other Tata Group companies, continues to uphold JN Tata’s vision, which laid the foundation for India’s steel and power industries, technical education, and industrial growth. The company remains steadfast in its commitment to advancing industrial excellence while fostering community development, staying true to the Founder’s ethos of progress with purpose.
Steel demand to grow despite global challenges: Chandrasekaran
Jamshedpur: Tata Sons Chairman N Chandrasekaran on Monday emphasized that the demand for steel will continue to rise, regardless of global geopolitical uncertainties. Speaking at the 186th birth anniversary celebration of Tata Steel founder J N Tata, Chandrasekaran highlighted the importance of efficiency, cost management, and productivity in facing such challenges.
“The demand for steel will continue to grow, and the best way to address this is by maintaining efficiency, managing costs, and increasing productivity,” he stated. He stressed that government support, policy frameworks, employees, and worker unions will play a crucial role in the company’s adoption of new technologies.
“The management has to be bold in expanding, ensuring efficiency, managing costs, and enhancing productivity while continuing investments, including in Jamshedpur,” he added.
When asked about the ongoing debate on tariffs, Chandrasekaran dismissed speculation over price fluctuations. “There is no point in discussing tariffs, we have to focus on our productivity,” he asserted. Tariffs, which are import duties imposed and collected by the government, impact companies bringing foreign goods into the country.
On the semiconductor industry, Chandrasekaran emphasized its growing significance across multiple sectors, including electronics, healthcare, defense, and aerospace. “We must be self-sufficient in this field, and the Tata Group has already invested in semiconductor plants in Assam and Gujarat,” he said.
