TATA Steel

The Company has set itself the objective of expanding its capacities and becoming globally competitive in its business. as a part of its growth strategy, the Company believes in adopting the ‘best practices’ that are followedin the area of Corporate Governance across various geographies. The Company emphasises the need for full transparency and accountability in all its transactions, in order to protect the interests of its stakeholders. The Board considers itself as a Trustee of its Shareholders and acknowledges its responsibilities towards them for creation and safeguarding their wealth.
During the year under review, the Company launched the Tata Steel Group vision whereby the Tata Steel Group (‘the Group’) aspires to be the global steel industry benchmark for value creation and corporate citizenship. The Group expects to realize its vision by taking such actions as may be necessary in order to achieve its goals of value creation, safety, environment and people.