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Prime Minister Dinesh Gunawardene will inaugurate the Tata Steel and Tata Tiscon annual dealer conference in Colombo on 7 February, along with the High Commissioner for India Gopal Baglay. Over 650 delegates are expected from India for this conference. Tata Steel, is one of the world’s most geographically diversified steel producers with operations that are fully integrated – from mining to the manufacturing and marketing of finished products. They form part of the Tata Group which is India largest conglomerate operating in over 150 countries. Acknowledged as the founder of the Tata Group in 1868, Jamsetji Tata is sometimes referred to as the “father of Indian industry”.
Tata Steel, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 65,000. The group recorded a consolidated turnover of $ 32.83 billion in the financial year ending 31 March 2022.
Tata Tiscon plays a vital role in the nation building by building ecosystems, nurturing entrepreneurs and empowering consumers.
Tatas decision to hold the conference in Sri Lanka is a demonstration of Indian companies willing to support the rebuilding efforts in Sri Lanka. The conference and logistics are being handled by their main dealer and representative in South India, the VNC Group.
Tata Steel will also make a substantial cash contribution to the ‘Lifeline Sri Lanka’ project jointly run by Rotary International and UNICEF to fund medicine supplies to Sri Lanka.