Tata Steel UK CEO Rajesh Nair has shared his personal thoughts about Founder's Day, celebrating the birth of the company's founder Jamsetji Tata.
According to Rajesh, Founder’s Day is a time to reinforce the principles and foresight of Jamsetji Tata.
He said: “It is a day filled with pride and it is an opportunity to emphasise the values established by the founder over a century ago, which continue to guide the Tata Group's operations, ethics and values today.”
“Founders Day serves as a powerful reminder of the Tata Group's enduring legacy and its commitment to the values set forth by its founder. It is a day of pride, reflection, and community spirit, celebrated by Tata employees around the world.” Rajesh Nair
In his interview, Rajesh highlighted that the values held by Tata Group, which were from the heart of the company's founder, remain central to the company's way of working today. Adding: “Despite the changes in the global business landscape, these values have remained steadfast, guiding the group for well over a century.”
Community Involvement and Fundraising
Founders Day, which began as a celebration in Jamshedpur, has now spread across Tata companies worldwide.
In the UK, Founder’s Day has become a day for Tata Steel employees to engage in community activities and raise funds for local causes. Rajesh praised the unique involvement of employees in community fundraising activities and committed to match the funds raised by employees. Adding: “I would encourage all employees to actively participate in the celebrations and fundraising activities.”
This year's Founders Day holds special significance due to the recent passing of Ratan Tata, a legendary figure in the Tata family. Rajesh described Ratan Tata as the custodian of the Tata values explaining: “His actions and leadership have been exemplary. He upheld the Tata values through times of great economic change, ensuring the group's continued progress while maintaining its ethical foundation.
“Founders Day serves as a powerful reminder of the Tata Group's enduring legacy and its commitment to the values set forth by its founder. It is a day of pride, reflection, and community spirit, celebrated by Tata employees around the world.”
Watch Rajesh here: https://youtu.be/hx2OpOp0_s4
About Tata Steel UK
- The Tata Steel Group has been named one of the most ethical companies in the world, and is among the top producing global steel companies with an annual crude steel capacity of 34 million tonnes.
- Tata Steel in the UK has the ambition to produce net-zero steel by 2045 at the latest, and to have reduced 30% of its CO2 emissions by 2030.
- In October 2024, Tata Steel ceased ironmaking at its Port Talbot site and temporarily paused steelmaking pending the construction of a 3.2Mtpa Electric Arc Furnace, due to be commissioned late in 2027 / early 2028. For that period, the business will import slab and hot rolled coil to support manufacturing and distribution operations at sites across Wales, England and Northern Ireland as well as Norway, Sweden, France, Germany and UAE. It also benefits from a network of sales offices around the world.
- Throughout 2024 Tata Steel UK has been undergoing a restructuring that will reduce the size of its workforce to around 5000 direct employees, supplying high-quality steel products to demanding markets, including construction and infrastructure, automotive, packaging and engineering.
- Tata Steel Group is one of the world's most geographically-diversified steel producers, with operations and a commercial presence across the world.
- The group recorded a consolidated turnover of around US$27.7 billion in the financial year ending March 31, 2024.
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