Summary Of Tata Steel

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Summary of Part – II

Micro analysis of Tata steel
Established in 1907 as Asia's first integrated private sector steel company, Tata Steel Group is among the top-ten global steel companies with an annual crude steel capacity of over 29 million tones per annum. It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 24.82 billion in FY 13, has over 80,000 employees across five continents and is a Fortune 500 company.
Tata Steel’s larger production facilities comprise those in India, the UK, the Netherlands, Thailand, Singapore, China and Australia. Operating companies within the Group include Tata Steel Limited (India), Tata Steel Europe Limited (formerly Corus), Tata Steel Singapore and Tata Steel Thailand.

The Tata Steel Group’s vision is to be the world’s steel industry benchmark in “Value Creation” and “Corporate Citizenship” through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency.

Business divisions of the company:

• Bearings Division : Manufactures ball bearings, double row self-aligning bearings, magneto bearings, clutch release bearings and tapered roller bearings for two wheelers, fans, water pumps, etc.
• Ferro Alloys and Minerals Division : Operates chrome mines and has units for making Ferro chrome and Ferro manganese. It is one of the largest players in the global Ferro chrome market.
• Agrico Division : Tata Agrico is the first organized manufacturer in India of hand tools and imp...

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...perational excellence
People

Proposed Business plan

Description of Business:
This business will
• Design, manufacturing, testing, commissioning & installation of mechanical component of Automobile sector.
• Design & manufacturing of trust, beam of steel structure.
• Design & manufacturing of suspension bridge, suspended bridge & other steel structure.
• Design, manufacturing & installation of designer products.
• Other steel structures as customer orders. Our product are avaible in every part of the country.

Financing:

Initial financing requriment is Rs. 3,43,30,000.00 Which includes bank loan of Rs. 2,05,98,000.00 which amount to 60% of total capital, with 9% interest rate to be paid in 5 years. So 40% of the remaining capital will be borne by five respective promoters equally. This debt will cover machineries, office equipments and other operating expnsees.

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