Name of FDC:Tata Steel Centaenary
Isuue Date:22nd APR'2008
- Established in 1907, Tata Steel is the world's 6th largest steel company with an existing annual crude steel capacity of 28 million tonnes.
- Asia's first integrated steel plant and India's largest integrated private sector steel company is now the world's second most geographically diversified steel producer, with operations in 24 countries and commercial presence in over 50 countries.
- Tata Steel completed 100 glorious years of existence on August 26, 2007 following the ideals and philosophy laid down by its Founder, Jamsetji Nusserwanji Tata.
- The first private sector steel plant which started with a production capacity of 1,00,000 tonnes has transformed into a global giant . Tata Steel plans to grow and globalise through organic and inorganic routes. Its 5 million tonnes per annum (MTPA) Jamshedpur Works plans to double its capacity by 2010. The Company also has three greenfield steel projects in the states of Jharkhand, Orissa and Chhattisgarh and proposed steel making facilities in Vietnam and Bangladesh. Through investments in Corus, Millennium Steel (renamed Tata Steel Thailand) and NatSteel Asia, Singapore, the Tata Steel has created a manufacturing and marketing network in Europe, South East Asia and the Pacific-rim countries. Corus, which manufactured 18.3 MT of steel in 2006, has operations in the UK, the Netherlands, Germany, France, Norway and Belgium. Tata Steel (Thailand) is the largest producer of long steel products in Thailand, with a manufacturing capacity of 1.7 MT. NatSteel Asia produces about 2 MT of steel products annually across its regional operations in seven countries. Tata Steel, through its joint venture with Tata BlueScope Steel Limited, has also entered the steel building and construction applications market. The iron ore mines and collieries in India give the Company a distinct advantage in raw material sourcing. Tata Steel is also striving towards raw materials security through joint ventures in Thailand, Australia, Mozambique, Ivory Coast (West Africa) and Oman. Exploration of opportunities in titanium dioxide business in Tamil Nadu, high carbon ferro-chrome plant in South Africa and setting up of a deep-sea port in coastal Orissa are integral to the Growth and Globalisation objective of Tata Steel.
- Tata Steel's vision is to be the global steel industry benchmark for Value Creation and Corporate Citizenship. Tata Steel is one of the few steel companies in the world that is Economic Value Added (EVA) positive.
- It was ranked the "World's Best Steel Maker", for the third time by World Steel Dynamics in its annual listing in February, 2006.
- Tata Steel has been conferred the Prime Minister of India's Trophy for the Best Integrated Steel Plant five times.
- Kamleshwar Singh designed the Stamp and the First Day Cover.
- Alka Sharma designed the pictorial first day postmark. Brochure containing write-up and technical data was issued on the occasion.
- The First Day Cover and the Brochure are priced at Rs 2 each. Security Printing Press, Hyderabad printed the stamps by wet offset in the quantity 1.3 million.
Remark:FDC posted on the issue date by speedpost.