Tata Steel, BASF, Birla Corporation

TATA STEEL Towards Steel Solutions Tata Steel recorded the highest ever output, sales, revenues and profits during the financial year ended 2002-03. Buoyant recovery in demand for steel from both the global and the domestic market along with robust realisation in pricessurged profits from Rs 204.9 crore in 2001-02 to Rs 1,012.3 crore in 2002-03. Of the total increase in sales of steel by around 10 per cent, 8 per cent was accounted for by the increase in exports, particularly, because of the increasing demand from China. The strategy of continuously improving its product-mix is also part of the company