Tata Steel, one of the world’s biggest steelmakers, has entered into a memorandum of understanding (MoU) with IIT Madras to set up Tata Steel Advanced Materials Research Center, with initial focus on developing green energy and light weight technologies using carbon-based materials. The centre will draw on expertise and knowledge within Tata Group for developing applications beyond steel. It will become the nucleus of advanced material research and technology development in India. The company has a similar MoU with IIT Bombay, but for a different focus area.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.
