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Star List 2018 - T V Narendran, CEO & MD, Tata Steel

By Swati Deshpande,

Added 31 January 2018

The Machinist Star List is an annual feature which aims at recognising the iconic leaders of Indian manufacturing. The Star List 2018 includes the leaders from various sectors of the manufacturing industry. It is their vision of steering their respective companies ahead and passion towards the manufacturing industry that makes them extraordinary individuals. Through this feature, The Machinist salutes their contribution towards Indian manufacturing.

Narendran's career in Tata Steel has spanned many areas in India
& overseas including Marketing & Sales, International Trade, Supply Chain & Planning, Operation & General Management and included stints in Jamshedpur, Kolkata, Dubai & Singapore. With this experience, he became the Managing Director of Tata Steel (overseeing India and South East Asia) effective November 2013 and successfully executed and commissioned one of the largest Greenfield Project in India - The Kalinganagar Steel plant in Odisha, which ramped up operations to its rated capacity within a very short span of time. On October 31, 2017 he was elevated as CEO & Managing Director, Tata Steel Ltd.

Under his leadership, Tata Steel achieved its best ever quarterly sales of 3.3 million tonnes in Q3FY18. With this, the company has recorded sales growth by 7 percent QoQ and 10 percent YoY. Additionally the company has also achieved highest ever quarterly sales in ‘Automotive & Special Products' segment with a growth of 6 percent QoQ and 26 percent YoY. The year has been event for company. The company has been recognised as one of the top 26 most innovative companies in  India at CII Industrial innovation Awards 2017.

Speaking on the highlights of 2017, he said, "During the year, we
had a smooth and successful roll out of GST which had positive implications across our value chain in India. Post the successful ramp up of the 3 million tonne installed capacity at Kalinganagar, the Board has approved a further expansion to 8 million tonnes at an additional capital outlay of INR 23,500 crores to be raised in a
combination of equity and debt."

Apart from heading Tata Steel in India he is also on the Boards of
Tata Steel Ltd and Tata Steel Europe. He is also the Chairman of Tata Steel Thailand and NatSteel.

END

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