-3.10 (-1.65%) Tata Steel has been recognised as one of the top 25 most innovative Indian Companies by the Confederation of Indian Industry (CII) for its product, process, and business innovation. As part of the submission process, multiple innovation cases were presented to showcase the innovation culture in the organisation including two shining cases - ‘First-of-its-kind’ 5 tonnes per day CO2 capture plant and ‘First-in-World’ Digital Twin in Sinter Making.
The award evaluates all kinds of new processes, products, services, technologies, innovations, and approaches which have brought tangible results or made radical changes within or across the industry.
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.