Tata BlueScope Steel Ltd, the equal joint venture between Tata Steel and BlueScope
Steel, said it launched its 61-acre coated steel manufacturing facility at Jamshedpur.
The company said this green-field factory has been set up with an investment of Rs 880 crore and will cater to India and SAARC countries.
"With the start up of coated steel plant, Tata BlueScope Steel will be very strong in serving coated steel to its customers. Tata BlueScope Steel has a strategic advantage of having technology support of BlueScope Steel and a continuous supply of raw material feed from Tata Steel’s CRM, Bara," H M Nerurkar, managing director, Tata Steel, said.
This manufacturing facility has an annual metallic coating capacity of 2,50,000 tonne, including pre-painting capacity of 1,50,000 tonne. The plant provides a direct employment to over 225 people and contractual employment also to over 200 people in service area.
The Jamshedpur plant will be able to address the increasing demand for high quality coated steel products in the SAARC region by locally manufacturing globally acclaimed brands like Zincalume steel and Colorbond steel.