Tata Sponge Iron Limited Revenue and Competitors

Top-notch credentials, cutting-edge capabilities, an unwavering commitment to quality & environment and high ethical standards — these are the key characteristics that have enabled Tata Sponge to create a niche among DRI units in India. Tata Sponge, which has its manufacturing facility at Bilaipada (in Joda Block of Keonjhar District in Orissa), was initially set up as a joint venture company between Tata Steel and the Industrial Promotion and Investment Corporation of Orissa Limited (IPICOL), in the name of as Ipitata Sponge Iron Limited. It has moved on since, becoming an associate company of Tata Steel following the former's acquisition of IPICOL's stake in 1991. The name of the Company has been changed to Tata Sponge Iron Limited w.e.f 24th September, 1996. Subsequently, w.e.f. 28th August, 2012, Tata Sponge Iron Limited became the subsidiary of Tata Steel Limited. Highlights » Associate company of Tata Steel since 1982. Subsidiary since 2012. » Accredited with ISO-9001 and ISO 14001 certifications. » Total production capacity of 390,000 TPA from 3 kilns. Self sufficient in power with own captive power plants - producing 26 MW of power from 2 power plants. » Follows sustainable growth through product leadership. » Assurance of a consistent product quality coupled with the Tata brand name has won customer trust. » The first company in the DRI industry and among Tata companies to earn CDM benefits. » The first company in the DRI industry to get TPM Certificate.