Tisco
plans to double its branded steel turnover
Financial Express June
18, 2003
Tata
Iron and Steel Company Ltd (Tisco) is all set to capture
the fragmented market segment by doubling its branded
steel turnover to 40 per cent of the total production,
within the next two or three years.
Speaking
to media at Tisco’s Tata Steelium launch in Mumbai for
the western region segment, Tata Steel chief of marketing
(distribution and branded products) Anup Sahay said:
"A majority of steel users belong to the fragmented
segment and branding would help in building confidence
in the quality of the product."
"Branding
provides a distinction by creating an identity, authenticity
and credibility to the product and Tisco would target
the north eastern states and general engineering companies,"
he added. Tata Steel has three branded products – Tata
Shakti, Tata Tiscon and Tata Steelium which is Tisco’s
first branded cold rolled (CR) steel product. Tisco
also has other products like Tata Agrico.
Tata
Steelium is being rolled out in two varieties — AUO3
and TR-15.
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