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Tata Steel Jamshedpur Plant Recognised As WEF's Industrial Revolution Lighthouse

The award was presented to the CEO & MD of Tata Steel, T V Narendran at the Global Lighthouse Network Dinner at the World Economic Forum in Davos

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The Tata Steel Jamshedpur Plant on Friday has been recognised as the World Economic Forum’s Advanced 4th Industrial Revolution Lighthouse. 

With this new achievement, Tata Steel is one of a handful of the endeavors with three assembling areas in the Global Lighthouse organisation, with Kalinganagar Plant (India) and IJmuiden (Netherlands) being the other two destinations.

The award was presented to the CEO & MD of Tata Steel, T V Narendran at the Global Lighthouse Network Dinner at the World Economic Forum in Davos by Enno De Boer, Senior Partner at McKinsey & Company, and Francisco Betti, Head, Shaping the Future of Advanced Manufacturing & Value Chains.

T V Narendran, CEO & MD, Tata Steel said, “It is a proud moment for all of us at Tata Steel as the Jamshedpur plant joins the prestigious Lighthouse Network of the World Economic Forum along with our IJmuiden plant in Europe and the Kalinganagar plant in Odisha. This recognition is a testimony to the effectiveness of the organisation’s investments in state-of-the-art equipment and leadership in the use of advanced technology and analytics to drive financial and operational impact, making Tata Steel plants among the most advanced steel plants globally."

Tata Steel has been on a long term digitally empowered business change venture expecting to be the forerunner in digital steel making by 2025 through the reception of digital innovations. Simultaneously, the company means to produce significant EBIDTA improvement, and upgrade its digital development and partner insight while advancing its work practices to be more agile, smart, and intelligent as an association.