Tata Steel to achieve 10 mn tonnes capacity in 2011: Nerurkar

Tata Steel's managing director H M Nerurkar Wednesday said 2011 will be challenging for the company as they will be completing the ongoing expansion programme to achieve 10 million tonnes capacity.

Jamshedpur: Tata Steel's managing director H M Nerurkar Wednesday said 2011 will be challenging for the company as they will be completing the ongoing expansion programme to achieve 10 million tonnes capacity.
     
"Following the expansion, the official capacity will be 9.7 million tonnes, but we are confident to excel the target and achieve 10 million tonnes," Nerurkar said here.
     
However, the commissioning and operation following the expansion will be a challenging task before the employees, he said.
      
Hailing the "impressive economic growth' where the country's economy expanded at the rate of 9-10 percent in the last two quarters, Nerurkar expressed hope that the prevailing growth will continue in future.
     
The prevailing growth will help the company to achieve its expansion programme as well as generate employment opportunity, he said.
     
Despite the recent ups and downs in raw material prices, the company continued to maintain its profitability and growth owing to the efficient approach of the company's collieries and mines, he said.
     
Nerurkar said the employees to focus more on safety, environment, quality service and technology to survive the international competition.

PTI

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