Tata Steel ushered into the New Year with a promise to provide better infrastructure facilities and improved living standards in the Steel City.
TV Narendran, managing director, Tata Steel, while extending his warm wishes during the cake cutting ceremony on the occasion of New Year at Centre for Excellence, said that the company was committed towards all-round development the city and the New Year will witness a new beginning. In his address to the senior citizens of Jamshedpur, he promised advanced infrastructure development with special focus on roads. Utility provider Jusco will carry out necessary works he noted. He also stressed on the need for participation by one and all for all-around growth of the city.
“Jamshedpur is a brand in itself. Even I was born in Jamshedpur and I owe a lot to the city. We want to increase interaction with the senior citizens of the city and want to take their feedback to develop the city. With the co-operation of everyone we would like to take Jamshedpur to a different level and make it an attractive place,” he said addressing the august gathering.
Talking to the media on the sidelines of the ceremony, Narendran said that Tata Steel will commission the first phase of its six million tonnes (MT) plant in Kalinganagar, Odisha by the end of the financial year 2014-15. “We should commission the first phase of our 6 MT steel plant in Kalinganagar in Odisha by the end of the financial year 2014-15. The company’s plant will cater to the growing needs of automobile sector and gas and oil industry too,” he revealed.
Talking further Narendran said that despite all odds, the company had grown over the last year and as the markets were picking up and said they would see more improvement in the sector. “January-June was the best time of year, so we are hoping for as great year ahead,” he added. Talking about the sales, the MD said, “We sell a lot into the retail market and that’s doing fine, for the long products retail continues to be a very important segment for us.”