Tata steel kalinganagar project office12/31/2023 ![]() ![]() But that's still a long way off the deal closure is likely by March 2019.Tata Steel will start production from its greenfield plant at Kalinganagar in Odisha from the last quarter of next fiscal year (2014-15). Yet, no one really knows what will be the role of Tata Steel's MD once the joint venture with Thyssenkrupp goes through. ![]() He was actively involved in Tata Steel's first overseas acquisition, NatSteel, and went on to become its president and CEO in 2008, and finally became vice-president (flat and long products) of Tata Steel before assuming charge as MD (India and South East Asia) in 2013. Narendran was also principal executive officer in the office of B Muthuraman, then Tata Steel managing director. "He was responsible for posting record sales during this time," an ex-colleague remembered. On his return to India, he worked in the marketing and sales department and between 20, he was chief of marketing and sales. He first worked with the international trade division, during which he had a stint in Dubai. "He was sought after because he delivered," a colleague said.įresh from IIM Calcutta, Narendran started with Tata Steel in 1988. Few people within the organisation had the domestic and international exposure that he did. "So Tata Steel started producing what could be sold profitably, and from a production-driven company, it became a marketing-driven company," the official said.Įven though the recent promotion might have come as a surprise, the prospect of Narendran becoming MD of Tata Steel was widely expected because old timers believed he had been groomed for the job. Narendran essentially comes from a marketing background. A Tata official explained the fact that Narendran wasn't a "pure" operations person, helped. Tata Steel's statement to the stock exchanges last month mentioned that Narendran enhanced Kalinganagar's ability to deliver to higher value segments such as steel for automobiles. It is worth noting that sometime in 2015, South Korean steel major Posco, which had entered Odisha before Tata Steel, put its project on hold, indefinitely. Finally, on November 18, 2015, the project was dedicated to the state of Odisha, and commercial production started in May 2016. The villagers were too cut off from Jamshedpur and its transformation led by the Tata group.īuilding the Tata brand by setting up hospitals and schools no doubt helped the cause. When Tata Steel first went to Odisha it expected to be welcomed with open arms, considering its legacy. "It enthused people on the ground and helped build the ecosystem," explained officials. Narendran reviewed the project on a weekly basis and when he visited Kalinganagar, he made it a point to meet all stakeholders. He is credited with establishing the Tata brand equity with the local community and imbuing some confidence into Tata officials working at the site. When Narendran took charge as managing director of Tata Steel (India and Southeast Asia) in 2013, only the boundary wall around the 3,000-acre plot in Kalinganagar had been constructed. It also became the starting point for protests against land acquisition for industry across the country. That was the time companies - domestic and foreign - were queueing up to set up mega steel plants in the mineral-producing states.īut in 2006, a police firing over land acquisition claimed lives - and set back the Tata Steel project. Tata Steel started work on the Kalinganagar project during the steel boom in 2005. Today, the three million tonne plant is running at around 100 per cent capacity. No one, not even the management at Tata Steel believed, at one point, that it would be possible. ![]() In fact, one of the reasons that went in his favour in this new appointment was the execution and commissioning of Kalinganagar, one of the largest greenfield projects in India. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |