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Parryware Bathroom Fittings Dealers in chennai, Parryware Sanitaryware Dealer in Tambaram, Parryware Cp Fittings In Chennai, Parryware Dealer In Chennai, Parryware Distributor in Chennai, Parryware Bathroom Fittings distributors in chennai, Parryware Sanitaryware Distributors In Tambaram, Parryware Sanitaryware in Tambaram, Parryware Cp Fittings distributors In Tambaram, Parryware Bath Tub dealer in chennai, parryware Bath Tub Distributors in Tambaram, Parryware bath tub in chennai, parryware bath tub in tambaram, Parryware Showroom in Chennai, Parryware Studio In Chennai, Parryware Showroom in Tambaram Studio in Tambaram, HISTORY Parryware India’s leading manufacturer of bathroom products, originated from EID Parry, one of the country’s oldest and most reputed business entities. In 2006, it entered into a joint venture with Roca Corporation, Spain, became a Roca Group subsidiary in 2008 and turned into a wholly-owned subsidiary of the Roca Group in 2011. The journey started in 1952 when Parryware started under EID Parry in Ranipet. The company joined hands with Royal Doulton in 1960 and inaugurated a new casting unit in 1976. Change came knocking in 1980 when Muruguppa group took over Parryware brand. Five years later, in 1985 a revolution was born in shape of the Cascade range of closets which upgraded Parryware from just a bathroom product manufacturer to a brand that stood for glamorous bathrooms. Roca group took over Parryware in 2006 and the growth story continues with increased production prowess (8 plants) and deeper penetration into the Indian market. VALUES The Parryware ethos is perfectly captured in its brand essence: trust, practicality, value offerings and contemporaneity. True to its legacy, Parryware continues to progress from strength to strength and charter ahead as a provider of complete and contemporary bathroom solutions for India. Our Brand Values Trust The key ingredient of our 60 year relationship, your trust is our pride. And we promise to continue delivering superior quality, attractive pricing, extraordinary range and unparalleled service. Practical With an eye for detail, our products are tailored to your needs, your imagination, your space and your pocket. Simple yet fabulous bathroom solutions. Value for money We believe that our sterling quality is best matched only with affordability. Contemporary We believe in constant reinventing to sync with our dynamic users, while preserving our core values - the secret ingredients of our revolutionary bathroom fittings. Youthful The youthful and exuberant spirit of the organization resonates in our experimental designs that constantly challenge the status quo and are trendsetters. QUALITY Quality Certification Faucet Products Testing lab at Bhiwadi and Sanware Product Testing Lab at Dewas are recognized by IAPMO India. With this IAPMO India agrees to accept test reports prepared by these Laboratories. Our Laboratories has satisfactorily demonstrated compliance to ISO/IEC 17025-2005 and has been verified as capable of performing applicable tests to the ASME, WEPI and IS norms.
Asian Paints Distributors In Chennai, Rajakilapkkam. Medavakkam, overview 70 years of innovation in paint Since its foundation in 1942, Asian Paints has come a long way to become India’s leading and Asia’s fourth largest paint company, with a turnover of Rs. 158.5 billion. We operate in 19 countries and have 26 paint manufacturing facilities in the world, servicing consumers in over 65 countries. history all great things start small The company has come a long way since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Today, it is double the size of any other paint company in India. Asian Paints manufactures a wide range of paints for decorative and industrial use. vision clear goals for a clear future Asian Paints aims to become one of the top five decorative coatings companies world-wide by leveraging its expertise in the higher growth emerging markets. Simultaneously, the company intends to build long term value in the industrial coatings business through alliances with established global partners. corporate citizenship corporate social responsibility We are inclusive of our communities through a range of social interventions, enhancing skills and building social infrastructure to improve their quality of life. While our CSR approach focuses on the development of communities around the vicinity of our plants, we have also developed innovative programs that leverage our capabilities as a paint manufacturer and home improvement service provider to enhance livelihoods of underserved communities through vocational training and skills development. CSR Focus Areas and Initiatives Our CSR Policy focuses on four thrust areas Education Skills Development Healthcare/Hygiene and Water Management Education Asian Paints recognizes the importance of education as a powerful means to reduce poverty and social inequality and hence this is a key impact area in our growing CSR practice. We are committed to promoting access to quality education particularly for disadvantaged communities that are located around our facilities. Our interventions include: Adoption and Infrastructure Development of Schools Upgradation of school building Providing Chairs, Benches and other classroom aids Setting up libraries and science laboratories Enrolling students and community leaders on the importance of education Provision of Educational Resources to Students in the form of Training on computer usage Coaching assistance for Competitive Examinations Training girls in Self-Defense Techniques Workshops to enhance Soft Skills Scholarships for Higher Education Our educational programs are implemented through our project partners and are aimed at supporting every stage of a child’s educational cycle and preparing him to move from childhood to livelihood Skills Development - Vocational Training In keeping with national developmental goals on skills development, Asian Paints is committed to providing vocational training to improve skills in the unorganized sector. We aspire to provide vocational and skill based training to painters, applicators, carpenters and workers, to enhance their employability and improve their livelihoods. The Asian Paints Colour Academy - Transforming the trade & lives - everyday. Focus on Skilling & vocational training Technical knowledge distribution Productivity & Livelihood Enhancement Provide Recognition, respect The Asian Paints Colour Academy is equipped with modern facilities like fully equipped classroom with modern A/v facilities, clean and fully equipped modern workshops for hands on trainings, inspiration area & contractor resource centre in order to continually upskill existing painters into specialists. The Academy also provides vocational training to unskilled youth on basic and specialized painting techniques to enable them to earn a decent living. The Colour Academy operates in 3 formats: Fixed Colour Academy at Mumbai, Delhi – West, Delhi – East, Bangalore, Chennai, Kolkata, Ahmedabad, Pune, Hyderabad, Cochin & Gorakhpur Mobile Colour Academy at Kerala & South TN, Punjab & Chandigarh, Rest of Maharashtra, Uttar Pradesh, North East, Bihar & Jharkhand, Gujarat & West MP, East UP & East MP & Chattisgarh, Rest of Karnataka, Coastal AP & Odisha. Hypermobile (earlier known as ‘Royale Play trainer’) Asian Paints has partnered with the National Skills Development Corporation (NSDC) to strengthen the delivery of this program to both unskilled and semi-skilled individuals. While Asian Paints provides technical know-how, prepare training content and deliver training modules, NSDC monitors, evaluates and certifies participants who complete the training program. On successful completion, participants are awarded an NSDC certification based on National Occupation Standards set by NSDC’s Construction Sector Skills Council. Painter training is structured professionally and includes a mix of theoretical, practical demonstration and hands-on learning with a regular schedule of assessment to track progress. All courses delivered are aligned to NSDC’s National Occupational Standards certification. All courses are certified by the Govt. of India. The contractors can undergo advanced trainings at a later stage in their city. Asian Paints has till now given NSDC certifications to 9000 painters/contractors. Colour Academy is now transforming itself into a pure vocational training setup delivered through a collection of modules – which together enhance specific skills. This will equip individuals with self-employable skills or develop specialist skills to provide additional painting and allied services. Going forward we plan to further expand the scope of this project. Healthcare and Hygiene Asian Paints Dealers In Chennai, Tambaram , Rajakilpakkam, Medavakkam, Pallikaranai With a growing population, sanitation and healthcare have become central to India’s development agenda. By directing resources towards access to healthcare, better sanitation facilities and hygiene, we look to support interventions that include : Primary Healthcare Support Free Medical Camps for Rural Communities Setting up of Rehabilitation Centres Development of Hospital Labs Provision of Mobile Medical Units and Ambulances Implementing Sanitation Projects Awareness programs for communities on Health and Hygiene Ongoing program ‘Safar’ improves Health and Awareness among truck drivers Providing access to Safe Drinking Water Healthcare support through Localized Medical Camps Rural communities residing around our plants lack access to basic healthcare facilities. We provide healthcare support through periodic medical check-ups and diagnosis camps that are facilitated by specialists and trained doctors. Patients who require further medical care and treatment are referred to local hospitals. All expenses related to medical camps or treatment charges at the hospital are borne by Asian Paints and employees actively volunteer and participate in organizing the medical camps by campaigning for the program, coordinating with project partners and helping with logistics. Providing and Improving Sanitation Facilities For the underserved communities around our plants, we have partnered with local organizations to help build toilets and improve sanitary conditions. By identifying homes through the Panchayat head, and requests from under privileged families, we support the project and are directly involved in its structuring, location selection, customization, execution and awareness building sessions to educate beneficiaries on proper maintenance. The toilets are designed to promote hygiene as they require minimal maintenance and have leach pits to convert domestic waste into manure. Water Conservation Livelihoods, food security and local socio-economic development are linked to the availability of adequate amounts of clean water. In the Indian context, the problem of water scarcity is further complicated by population growth, urbanization and industrialization. We believe it is our responsibility to judiciously use and help conserve this precious resource. Our approach includes providing support and infrastructure at each stage of water conservation, water preservation, water re-charge and waste water treatment. Water is a critical input in our manufacturing process. We are conscious of our dependence on water and have strived to optimize our water consumption by implementing a range of water conservation projects, waste water treatment, reusing process water and water recharging initiatives at all of our manufacturing facilities. Our key interventions include: Awareness on water conservation in schools and nearby villages Installation of roof top rainwater harvesting and recharge systems in village communities and schools Promoting integrated watershed development in areas around manufacturing locations Water recharge through de-silting of lakes. To view our CSR policy, click here. BR Reports BR Report FY 2014-15 BR Report FY 2013-14 Contact CSR cell Asian Paints Limited 6A, Shantinagar, Vakola Pipeline Road Santacruz (East), Mumbai - 400 055, India Tel : +91-22-62181000 Fax : +91-22-62181111 Email : csr@asianpaints.com CII national conservation awards environment and safety view all corporate information corporate profile The company has come a long way since its small beginning in 1942. Four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time set it up as a partnership firm. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Asian Paints is India’s leading paint company with a group turnover of Rs 158.5 billion. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity. Asian Paints operates in 19 countries and has 26 paint manufacturing facilities in the world servicing consumers in over 65 countries. Besides Asian Paints, the group operates around the world through its subsidiaries Berger International Limited, Apco Coatings, SCIB Paints, Taubmans and Kadisco. Asian Paints manufactures wide range of paints for Decorative and Industrial use. In Decorative paints, Asian Paints is present in all the four segments v.i.z Interior Wall Finishes, Exterior Wall Finishes, Enamels and Wood Finishes. It also offers Water proofing, wall coverings and adhesives in its product portfolio. Asian Paints also operates through ‘PPG Asian Paints Pvt Ltd’ (50:50 JV between Asian Paints and PPG Inc, USA, one of the largest automotive coatings manufacturer in the world) to service the increasing requirements of the Indian automotive coatings market. The second 50:50 JV with PPG named ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India. Vertical integration has seen Asian Paints diversify into chemical products such as Phthalic Anhydride and Pentaerythritol, which are used in the paint manufacturing process. In the Home Improvement and Décor category, the company is present in the Kitchen and Bath fittings space and offers various products under Sleek and Ess Ess brand respectively.
Srinivasaka Enterprises Showroom Elevation
Srinivasaka Enterprises SLEEK - MODULAR KITCHEN best dealer in tamabaram, Chennai The first to introduce the concept of modular kitchens in India, Sleek has consistently innovated and refined its product range to offer the best solutions to the Indian consumer. Sleek offers complete kitchen design solutions and components like accessories, shutters, appliances, hardware and sinks. Sleek, The Kitchen Specialist is the most preferred choice for modular kitchens. Sleek is the answer to all those with an eye for high-end kitchens. From kitchen components to complete modular kitchen designs, the Specialist offers designer cooking spaces for contemporary lifestyles. The company also markets quality kitchen components and hardware, both Indian and imported, through its showrooms and dealers.
Jaquar CP Fittings Dealer, Jaquar Sanitaryware Dealer In chennai, Jaquar Showroom in chennai, Jaquar Studio in Chennai, Jaquar designer studio in chennai, Jaquar Distributors in chennai, Jaquar Tap Fittings in chennai, Jaquar Bath Tub Dealer in chennai, Jaquar Shower Enclosure dealer in chennai, Jaquar shower Panel in chennai, Jaquar Bathroom Accessories in chennai, Jaquar is one of the leading global faucet specialist. Today Jaquar faucets are known the world over for high quality and un matched performance. Jaquar faucets are produced in the most advanced manufacturing set up and is backed by integrated research & development laboratory. Jaquar faucets conforms to global quality and regulatory standards. Jaquar’s passion for perfection reflects in the 10 years warranty it extends on its faucets. Jaquar offers wide range of design options in faucet to complement with ceramic to transform your bath space into bath suite. Jaquar showers are designed to deliver a range of experiences, to let you have a shower of your choice every time. Our over head, hand and body showers complement a wide range of shower systems, catering to your unique showering habits, design and installation requirements. Our advanced showers are designed to deliver great precision and consistent water distribution to each individual nozzle. Jaquar showers give you a choice of 4 different flows matching your mood. Whichever flow you chose, you will be assured of an ultimate experience every time.
Sleek Modular Kichen dealer in chennai, Sleek Kitchen Accessories in Chennai, Sleek Designer Accessories Dealer in Chennai, Sleek Distributors In Chennai, Sleek Designer Basket Dealer in chennai, Sleek Modular Kitchen Accessories in Chennai, Sleek Accessories in chenai, Sleek Kitchen Specalist In Chennai, Sleek Kitchen Acessories dealers in Chennai, Sleek Modular Design In Chennai, SLEEK - MODULAR KITCHEN SPECIALIST The first to introduce the concept of modular kitchens in India, Sleek has consistently innovated and refined its product range to offer the best solutions to the Indian consumer. Sleek offers complete kitchen design solutions and components like accessories, shutters, appliances, hardware and sinks. Sleek, The Kitchen Specialist is the most preferred choice for modular kitchens. Sleek is the answer to all those with an eye for high-end kitchens. From kitchen components to complete modular kitchen designs, the Specialist offers designer cooking spaces for contemporary lifestyles. The company also markets quality kitchen components and hardware, both Indian and imported, through its showrooms and dealers. MODULAR KITCHEN MAKING PROCESS Whether it is renovating your complete kitchen, or upgrading the design and components of your existing kitchen, Sleek makes the process of building your modular kitchen easy and hassle-free. Right from measurements to design and installation, Sleek kitchen specialists will take you step-by-step to turn your dream kitchen into a reality. CREATE YOUR OWN MODULAR KITCHEN We believe in a step-by-step process whether you need a complete kitchen installation or a partial makeover. Our kitchen design specialists are always available to transform ideas into masterpieces and inculcate your own unique needs into the modular setting. After all, you are the one who will be using it! Your inputs and opinions will help make the transformation truly world-class. We will measure and design, create and then install the best of Sleek in your homes, giving you smart-looking ideal modern kitchens with a promise of lasting beauty and usability.
Faber Chimney Dealer in Chennai, Faber Chimney Distributors In Chennai, Faber Chimney Dealers In Tambaram, Faber Chimeny Distributors In Tambaram, Faber Electronic Chimney In Dealer in chennai, Faber Kitchen Chimney dealer in chennai, Faber kitchen Chimney distributors in Chennai, Faber Chimney In tambaram, Faber Chimney In Chennai, Faber Electronic Decorative Chimney in Tambaram, FABER: INDIA’S NO.1 KITCHEN APPLIANCE’S COMPANY AND MANUFACTURER FFIL is India's leading kitchen appliances manufacturer with Swiss and Italian parentage for “Franke” and “Faber” brands respectively. Franke Faber India Limited is part of 2.5 billion USD Franke Artemis Group. Franke Artemis Group has business interests in Kitchen Systems, Food Service, Coffee Systems, Beverage Systems & Washroom Systems and is present in over 70 countries. With its India headquarters in Pune, the Franke Faber India Limited has completed 16 years of its India journey. Both brands have their own space and operate as an independent entity in the market. While FFIL sales Sinks, Faucets, Accessories and Bio-waste Disposers under “FRANKE” brand, it sells its Hoods, Hobs, Cooktops, Cooking range, Built In Ovens and Dishwashers under “FABER” brand. FABER IN INDIA FABER is India's No.1 Hoods and Hobs brand. In total, over 250 employees produce more than 300 products in the Pune plant with current production capacity of 150, 000 hoods, 100, 000 hobs and 50, 000 other kitchen appliances per annum. Recognizing the importance of an extensive network towards scripting a long-term success story, FABER has over 2, 000 retail counters for sales and service across the country. A crucial element of FABER strategy is to establish a long-term presence in India. The company has made an initial investment of Rs. 50 crore in its new manufacturing plant in Sanaswadi, Pune which is operational since 2012. This investment is the biggest investment group has made outside Europe so far. The new plant will meet the global standards of FABER on productivity, throughput, quality, finishes and safety. The plant will use futuristically designed state-of-the-art equipment and will be the export hub for Asia Pacific and Middle East regions. FABER has even relocated its one of the R& D base from Europe to India in 2012. “JOURNEY WORLDWIDE” Production of best-in-class hoods since the last 50 years Market leader in the sector with a history one of innovative conception & design One in every two hoods in Italy is a Faber Consistent growth with presence in 13 countries on 3 continents Persistent focus on commitment, tenacity, passion and dynamism Revolutionised the concept of cooker hood; from just being functional to a modern, effective and elegant home appliance Cutting-edge technology, unmatched design and an eye for quality culminating into avant-garde products
Faber Chimney Dealer iin chennai , Faber Chimney Distributors in Chennai, Faber Chimney Special Offer in Chennai Faber Kitchen Chimney Dealer in Chennai, Faber Kitchen Chimney Distributors in Chennai, Faber Electronic Chimney Dealer In Chennai, Faber Electronic Chimney Distributors In Chennai, Faber 3D Kitchen Chimney Dealer In Chennai, Faber 3D Kitchen Chimney Distributors in chennai, Faber 3D Kitchen Chimney DEaler in Tambaram, Faber 3D Kitchen Chimney Distributors in Tambaram, Faber 3D Kitchen Chimney in Chennai, Faber 3D Kitchen Chimney in Tambaram FABER: INDIA’S NO.1 KITCHEN APPLIANCE’S COMPANY AND MANUFACTURER FFIL is India's leading kitchen appliances manufacturer with Swiss and Italian parentage for “Franke” and “Faber” brands respectively. Franke Faber India Limited is part of 2.5 billion USD Franke Artemis Group. Franke Artemis Group has business interests in Kitchen Systems, Food Service, Coffee Systems, Beverage Systems & Washroom Systems and is present in over 70 countries. With its India headquarters in Pune, the Franke Faber India Limited has completed 16 years of its India journey. Both brands have their own space and operate as an independent entity in the market. While FFIL sales Sinks, Faucets, Accessories and Bio-waste Disposers under “FRANKE” brand, it sells its Hoods, Hobs, Cooktops, Cooking range, Built In Ovens and Dishwashers under “FABER” brand. FABER IN INDIA FABER is India's No.1 Hoods and Hobs brand. In total, over 250 employees produce more than 300 products in the Pune plant with current production capacity of 150, 000 hoods, 100, 000 hobs and 50, 000 other kitchen appliances per annum. Recognizing the importance of an extensive network towards scripting a long-term success story, FABER has over 2, 000 retail counters for sales and service across the country. A crucial element of FABER strategy is to establish a long-term presence in India. The company has made an initial investment of Rs. 50 crore in its new manufacturing plant in Sanaswadi, Pune which is operational since 2012. This investment is the biggest investment group has made outside Europe so far. The new plant will meet the global standards of FABER on productivity, throughput, quality, finishes and safety. The plant will use futuristically designed state-of-the-art equipment and will be the export hub for Asia Pacific and Middle East regions. FABER has even relocated its one of the R& D base from Europe to India in 2012 “JOURNEY WORLDWIDE” Production of best-in-class hoods since the last 50 years Market leader in the sector with a history one of innovative conception & design One in every two hoods in Italy is a Faber Consistent growth with presence in 13 countries on 3 continents Persistent focus on commitment, tenacity, passion and dynamism Revolutionised the concept of cooker hood; from just being functional to a modern, effective and elegant home appliance Cutting-edge technology, unmatched design and an eye for quality culminating into avant-garde products HISTORICAL INNOVATIONS Motor Powered Range Hood – 1963 First to Implement Glass Visor (vs plastic) in Traditional Hood - 1966 First Decorative Canopy Hood (The Nova) – 1986 First to Implement Electronic Controls in Range Hoods Use of Robotic and Automated Technology in the Production Process First with Global Production Facilities in China, Turkey and India Innovative Products to Meet Sophisticated Consumer Market Needs MADE IN ITALY EXCELLENCE FOR A GLOBAL LEADER Commitment, solidity, dedication and dynamism have always characterised the Faber Group, making it into an industrial reality occupying a key position in production and technology globally. The group is the first in its sector in Italy, where one out of every two range hoods is Faber, and is present globally with its own brand and leading local brands such as Roblin in France, Mepamsa in Spain and Spar in Argentina. Headquartered in Fabriano, Italy, Faber, the worldwide leader in kitchen hoods, was incepted in 1955. Since then, we have been imagining, designing and manufacturing products that turn the kitchen from just a space to an enjoyable experience for you. Faber has been the innovation driver in kitchen technologies the world over and now has a turnover of (Symbol of Euro)220 million. Add to it, the talented global team responsible for inventing and patenting unique and user-friendly technologies, it comes as no surprise that in certain parts of Europe, one hood out of two is a Faber hood. The company's dedication and determination to achieve its goals have allowed it to grow from a local business to a European and global enterprise; thanks to acquisition of a number of productive sites Faber is present in 3 continents, with 7 plants in 6 countries: Italy, Sweden, France, Turkey, India and Argentina, plus a marketing office in the United States and a representative office in Russia. Ongoing internationalisation and openness to new challenges brought Faber into the Franke Group in 2005, a major Swiss multinational leader in Kitchen Systems, in which it is assigned the important role of Hoods Business Unit.
TATA Steel Distributors in Chennai, Tambaram, Rajakilpakkam Tata Steel Limited (formerly Tata Iron and Steel Company Limited (TISCO)) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group. It was the 11th largest steel producing company in the world in 2013, with an annual crude steel capacity of 25.3 million tonnes, and the second largest steel company in India (measured by domestic production) with an annual capacity of 9.7 million tonnes after SAIL[4] Tata Steel's Jamshedpur plant at night Tata Steel has manufacturing operations in 26 countries, including Australia, China, India, the Netherlands, Singapore, Thailand and the United Kingdom, and employs around 80, 500 people.[3] Its largest plant is located in Jamshedpur, Jharkhand. In 2007 Tata Steel acquired the UK-based steel maker Corus.[5] [3] It was ranked 486th in the 2014 Fortune Global 500 ranking of the world's biggest corporations.[6] It was the seventh most valuable Indian brand of 2013 as per Brand Finance. Tata Steel Dealer In Chennai, Tambaram, Rajakilpakkam History[edit] Tata Iron and Steel Company was founded by Jamshedji Tata and established by Dorabji Tata on 26 August 1907, as part of his father Jamsetji's Tata Group.[10][11][12] By 1939 it operated the largest steel plant in the British Empire. The company launched a major modernization and expansion program in 1951. Later in 1958, the program was upgraded to 2 Million metric tonnes per annum (MTPA) project.[10] By 1970, the company employed around 40, 000 people at Jamshedpur, with a further 20, 000 in the neighbouring coal mines.[11] In 1971 and 1979, there were unsuccessful attempts to nationalise the company.[11] In 1990, it started expansion plan and established its subsidiary Tata Inc. in New York. The company changed its name from TISCO to Tata Steel in 2005.[13] Tata Steel on Thursday(12 Feb 2015) announced buying three strip product services centres in Sweden, Finland and Norway from SSAB to strengthen its offering in Nordic region.The company, however, did not disclose value of the transactions. Tata Steel Fe 500 D Dealer in Chennai Tamabarm Rajakilpakkam Acquisitions[edit] NatSteel in 2004: In August 2004, Tata Steel agreed to acquire the steel making operations of the Singapore-based NatSteel for $486.4 million in cash.[15] NatSteel had ended 2003 with turnover of $1.4 billion and a profit before tax of $47 million.[15] The steel businesses of NatSteel would be run by the company through a wholly owned subsidiary called Natsteel Asia Pte Ltd.[15] The acquisition was completed in February 2005.[16][17] At the time of acquisition, NatSteel had a capacity of about 2 million tonnes per annum of finished steel.[17][18] Millennium Steel in 2005: Tata Steel acquired a majority stake in the Thailand-based steelmaker Millennium Steel for a total cost of $130 million. It paid US$73 million to Siam Cement for a 40% stake and offered to pay 1.13 baht per share for another 25% of the shares of other shareholders.[19][20] For the year 2004, Millennium Steel had revenues of US$406 million and a profit after tax of US$29 million.[18] At the time of acquisition, Millennium Steel was the largest steel company in Thailand with a capacity of 1.7 million metric tonnes per annum, producing long products for construction and engineering steel for auto industries.[18] Millennium Steel has now been renamed to Tata Steel Thailand and is headquartered in Bangkok.[21] On 31 March 2013, it held approx. 68% shares in the acquired company.[3] Corus in 2007: On 20 October 2006, Tata Steel signed a deal with Anglo-Dutch company, Corus to buy 100% stake at £4.3bn ($8.1 billion) at 455 pence per share.[22] On 19 November 2006, the Brazilian steel company Companhia Siderúrgica Nacional (CSN) launched a counter offer for Corus at 475 pence per share, valuing it at £4.5 billion. On 11 December 2006, Tata preemptively upped its offer to 500 pence per share, which was within hours trumped by CSN's offer of 515 pence per share, valuing the deal at £4.9 billion. The Corus board promptly recommended both the revised offers to its shareholders. On 31 January 2007, Tata Steel won their bid for Corus after offering 608 pence per share, valuing Corus at £6.7 billion ($12 billion). In 2005, Corus employed around 47, 300 people worldwide, including 24, 000 in the UK.[22] At the time of acquisition, Corus was four times larger than Tata Steel, in terms of annual steel production.Corus was the world's 9th largest producer of Steel, whereas Tata Steel was at 56th position. The acquisition made Tata Steel world's 5th largest producer of Steel.[22] See also: Tata Corus acquisition 2 Rolling mill companies in Vietnam in 2007: Tata Steel through its wholly owned Singapore subsidiary, NatSteel Asia Pte Ltd, acquired controlling stake in two rolling mill companies located in Vietnam: Structure Steel Engineering Pte Ltd (100% stake) and Vinausteel Ltd (70% stake). The enterprise value for the acquisition was $41 million. With this acquisition, Tata Steel got hold of two rolling mills, a 250k tonnes per year bar/wire rod mill operated by SSE Steel Ltd and a 180k tonnes per year reinforcing bar mill operated by Vinausteel Ltd.[23][24] Operations[edit] The Tata Centre in Kolkata, India Tata Steel is headquartered in Mumbai, Maharashtra, India and has its marketing headquarters at the Tata Centre in Kolkata, West Bengal. It has a presence in around 50 countries with manufacturing operations in 26 countries including: India, Malaysia, Vietnam, Thailand, UAE, Ivory Coast, Mozambique, South Africa, Australia, United Kingdom, The Netherlands, France and Canada.[25] Tata Steel primarily serves customers in the automotive, construction, consumer goods, engineering, packaging, lifting and excavating, energy and power, aerospace, shipbuilding, rail and defence and security sectors.[26] Expansion plans[edit] Tata Steel has set a target of achieving an annual production capacity of 100 million tons by 2015; it is planning for capacity expansion to be balanced roughly 50:50 between greenfield developments and acquisitions.[27][28] Overseas acquisitions have already added an additional 21.4 million tonnes of capacity, including Corus (18.2 million tonnes), NatSteel (2 million tonnes) and Millennium Steel (1.2 million tonnes). Tata plans to add another 29 million tonnes of capacity through acquisitions.[27][28] Major greenfield steel plant expansion projects planned by Tata Steel include:[27] 1. A 6 million tonne per annum capacity plant in Kalinganagar, Odisha, India;[29] 2. An expansion of the capacity of its plant in Jharkhand, India from 6.8 to 10 million tonnes per annum;[29] 3. A 5 million tonne per annum capacity plant in Chhattisgarh, India (Tata Steel signed a memorandum of understanding with the Chhattisgarh government in 2005; the plant is facing strong protest from tribal people);[30] 4. A 3 million tonne per annum capacity plant in Iran;[31][32] 5. A 2.4 million tonne per annum capacity plant in Bangladesh;[33] 6. A 10.5 million tonne per annum capacity plant in Vietnam (feasibility studies are underway); and[34] 7. A 6 million tonne per annum capacity plant in Haveri, Karnataka.
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