Kalinganagar Plant of Tata Steel awarded at WEF

Tata Steel Kalinganagar was recently awarded at the World Economic Forum Annual Meeting in Davos, Switzerland for being included in the WEF’s Lighthouse Network. T V Narendran (CEO and MD of Tata Steel) represented the company at the World Economic Forum stated that the Kalingnagar plant has state of the art equipment and utilities that help in attaining operational excellence through higher productivity.

In July 2019, Tata Steel Kalinganagar became the first and only Indian manufacturing plant to be included in the coveted ‘Lighthouse Network’ of the World Economic Forum. The other ten manufacturing plants from around the world were also included in the network. Tata Steel’s IJmuiden plant located in the Netherlands has already been included in the network. Kalinganagar industrial complex is located in Odisha’s Jajpur district, where the Tata Steel plant spread over 3,000 acres was started in the year 2016 has become India’s largest single location Greenfield steel project in less than 2 years of commencing operation.

Month: Current Affairs - January, 2020