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Tata Steel Kalinganagar felicitated at World Economic Forum 2020

Mumbai, January 26, 2020: Tata Steel Kalinganagar (TSK) has been honoured at the World Economic Forum (WEF) 2020 for its recent admittance into the Global Lighthouse Network, a small but growing group of global corporations that are showing leadership in applying Fourth Industrial Revolution technologies to drive financial and operational impact.

Tata Steel’s CEO & MD, T. V. Narendran, who represented the Company at the World Economic Forum 2020 held in Davos, attended the private dinner of the Global Lighthouse Network, a project of the World Economic Forum in collaboration with McKinsey & Company. He accepted the award from Ms. Katy George, Senior Partner, McKinsey & Company, and Mr. Francisco Betti, Head of Shaping the Future of Advanced Manufacturing and Production, World Economic Forum.

In July 2019, TSK became the first and only Indian manufacturing plant to be included in the WEF’s Lighthouse Network when 10 new factories, including TSK, were added to the Global Lighthouse Network. Tata Steel’s IJmuiden plant in the Netherlands is already a member of this network.

T. V. Narendran said: “It is a proud moment for all of us as Tata Steel Kalinganagar joins the prestigious Lighthouse Network of the World Economic Forum. TSK has the distinction of featuring several firsts in the Indian steel industry. At Kalinganagar, we not only have state-of-the-art equipment and utilities but also drive higher productivity through automation and digital interventions. As we increase our capacity at TSK to 8 MnTPA, we will continue to implement the best technologies and innovate across the value-chain to drive operational excellence.”

A whitepaper titled Global Lighthouse Network: Insights from the Forefront of the Fourth Industrial Revolution http://www3.weforum.org/docs/WEF_Global_Lighthouse_Network.pdf) published by the Global Lighthouse Network in collaboration with McKinsey & Company said that Tata Steel’s greenfield steel plant in Kalinganagar “is helping to set a new standard in the speed at which a factory can achieve full capacity from complete nascency. It additionally improved time to market by 50%, thanks to significant investments in digital and analytics solutions, as well as capability-building to develop the digital skills of a relatively junior and inexperienced team.”

Commissioned in 2016 and spread over 3000 acres, TSK attained production levels at its rated capacity in less than two years and is the largest single-location greenfield steel project in India.

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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