Submitted by:
Shubham GOYAL
10903930, RE19B1A01
Assignment 1, MGT 511
Contents
1. About Tata Steel 2. Countries of operation 3. Major Acquisitions 4. Corus acquisition 5. About SWOT analysis 6. Strengths 7. Weaknesses 8. Opportunities 9. Threats
About Tata Steel
Tata Steel Limited (BSE: 500470) (formerly TISCO and Tata Iron and Steel Company Limited) is an Indian multinational steel-making company headquartered in Mumbai, India and a subsidiary of Tata Group. Its marketing headquarter is located at Tata Centre in Kolkata. It is the tenth-largest steel producing company in the world, with an annual crude steel capacity of 23.5 million tonnes, and the largest private-sector steel company in India measured by domestic production.
Tata Steel is a multinational corporation with operations in numerous countries. It largest plant is located in Jamshedpur, Jharkhand, India. In August 2007 Tata Steel acquired the UK-based steel maker Corus in what was, to date, the largest international acquisition by an Indian company. Tata Steel is listed on Bombay Stock Exchange and National Stock Exchange of India, and employs about 80,000 people.
Tata Steel is ranked 401st in the 2012 Fortune Global 500 ranking of the world's biggest corporations. It is the eighth most-valuable Indian brand according to an annual survey conducted by Brand Finance and The Economic Times in 2010. The company was recognized as the world's best steel producer by World Steel Dynamics in 2005. It has also been listed as World's most ethical companies by Forbes.
TISCo was established by Jamsetji Tata August 26, 1907. In year 1939, it had largest steel plant in the British empire. A modernization and expansion program was launched in year 1951. Later, the program was upgraded to 2 MTPA project. In 1990, it started expansion plan and established its subsidiary Tata Inc. in New York. The company changed its name TISCO to Tata