Tata Steel bags PM's Trophy for Best Performing Integrated Steel Plant

This award has been conferred on the company for the eighth time. In addition it has also received Certificate for Excellence twice and Steel Minister's Trophy once, since this trophy was instituted in 1992-93.

 

The Company went through three rounds of rigorous assessment, adjudged by a panel of distinguished judges.

 

The Prime Minister's trophy, instituted in 1992-93 on the suggestion of the then Prime Minister P V Narasimha Rao, recognizes the outstanding performance of the integrated steel plants. 

 

The award is intended to spur steel plants to achieve international standards of efficiency, quality and economy in their operations. The primary objective of the scheme is to generate a sense of competition among the steel plants so that they continuously benchmark themselves with the best and improve their performances.

 

As per the recommendations of the Expert Committee and amendments carried out by the Government of India, parameters considered  for evaluating the performance of the integrated steel plants are: Steel capacity utilization, Efficiency of operations, Financial performance, Quality of products, Environment Management, Corporate Social Responsibility, Safety, Thrust on R&D, Customer Satisfaction, Enabling Parameters, Employees' Satisfaction Index and Observation of the Panel of Judges based on plant visits.