Page 12 - Cost_Competitiveness
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The Institute of Cost Accountants of India
ase study
Cost Competitiveness -
A Case Study based on Tata Steel Ltd.
Dr. Dilip Kumar Datta
Director & CEO
Sayantan Consultants Pvt. Ltd., Kolkata
Background of the Company across multiple segments globally.
Tata steel Ltd. (TSL) is the world’s sec- Board of Directors
ond most diversifed steel producer with
a crude steel production capacity of The board of TSL comprises of Mr. Cyrus
over 31 million tons per annum (MTPA). P. Mistry, Chairman, Mr. B. Muthuraman,
Tata Steel Group produced 27.37 million Vice Chairman and other Directors,
tones of steel with a recorded turnover of namely, Mr. Nusli N. Wadia, Mr. Ishaat Hus-
`1533 billions in 2013-14 employing over sain, Mr. Subodh Bhargava, Mr. Jacobus
85,000 people in nearly 50 countries. TSL Schraven, Mr. Andrew Robb, Mrs. Malli-
established India’s frst integrated steel ka Srinivasan, Mr. D. K. Mehrotra, Mr. O.
plant in 1907 at Jamshedpur where it P. Bhatt, Dr. Karl-Ulrich Koehler, Mr. Kou-
can produce 10 MTPA crude steel. Three shik Chatterjee, Mr. T. V. Narendran. The
steel projects are underway to augment Board is thus enriched with highly talent-
production capacity by over 3 MTPA. TSL ed and experienced persons from indus-
possesses and operates captive iron ore, tries and bank. Key personnel of TSL are
coking coal and chrome ore mines. TSL also equally qualifed and experienced.
became a ‘Top-Ten’ global steel com-
pany on acquisition of Corus (now Tata
Steel Europe) in 2007 with steel produc- Global Scenario of Steel
tion capacity of 20 MTPA and employ- Industry
ing around 40,000 people worldwide. TSL
has units in Singapore (NatSteel Holdings) Demand for steel declined substantial-
and in Thailand (Tata Steel Thailand). With ly from the second half of 2008-09 as a
a focus on continuous improvement, TSL result of global fnancial crisis which ad-
meets diverse customer requirements versely impacted the construction sector
www.icmai.
The Institute of Cost Accountants of India
ase study
Cost Competitiveness -
A Case Study based on Tata Steel Ltd.
Dr. Dilip Kumar Datta
Director & CEO
Sayantan Consultants Pvt. Ltd., Kolkata
Background of the Company across multiple segments globally.
Tata steel Ltd. (TSL) is the world’s sec- Board of Directors
ond most diversifed steel producer with
a crude steel production capacity of The board of TSL comprises of Mr. Cyrus
over 31 million tons per annum (MTPA). P. Mistry, Chairman, Mr. B. Muthuraman,
Tata Steel Group produced 27.37 million Vice Chairman and other Directors,
tones of steel with a recorded turnover of namely, Mr. Nusli N. Wadia, Mr. Ishaat Hus-
`1533 billions in 2013-14 employing over sain, Mr. Subodh Bhargava, Mr. Jacobus
85,000 people in nearly 50 countries. TSL Schraven, Mr. Andrew Robb, Mrs. Malli-
established India’s frst integrated steel ka Srinivasan, Mr. D. K. Mehrotra, Mr. O.
plant in 1907 at Jamshedpur where it P. Bhatt, Dr. Karl-Ulrich Koehler, Mr. Kou-
can produce 10 MTPA crude steel. Three shik Chatterjee, Mr. T. V. Narendran. The
steel projects are underway to augment Board is thus enriched with highly talent-
production capacity by over 3 MTPA. TSL ed and experienced persons from indus-
possesses and operates captive iron ore, tries and bank. Key personnel of TSL are
coking coal and chrome ore mines. TSL also equally qualifed and experienced.
became a ‘Top-Ten’ global steel com-
pany on acquisition of Corus (now Tata
Steel Europe) in 2007 with steel produc- Global Scenario of Steel
tion capacity of 20 MTPA and employ- Industry
ing around 40,000 people worldwide. TSL
has units in Singapore (NatSteel Holdings) Demand for steel declined substantial-
and in Thailand (Tata Steel Thailand). With ly from the second half of 2008-09 as a
a focus on continuous improvement, TSL result of global fnancial crisis which ad-
meets diverse customer requirements versely impacted the construction sector
www.icmai.
