Board of Directors - TATA STEEL SPECIAL ECONOMIC ZONE LIMITED

Mr. Arun Misra Chairman, Non-Independent, Non-Executive Director

Mr. Arun Misra is an Electrical Engineer from IIT, Kharagpur. He started his career with Tata Steel in 1988 as a Graduate Engineer Trainee and in the last 28 years has held several critical positions like General Manager (Ores, Mines and Quarries), Principal Executive Officer in the Managing Director’s Office, Deputy Vice President – ...

Mr Prasanta Mallick Managing Director

Mr. Prasanta Mallick is a Mechanical Engineer with MBA from XIMB. He started his professional career as an Engineer in Tata Steel in the year of 1988. With over 30 years of experience at Tata Steel Limited, he has worked in various capacities in different plants and mining divisions of the company and has contributed meaningfully towards ...

Mr. R Ranganath Non-Independent, Non-executive Director

Mr. R Ranganath is a Chartered Accountant (ACA) by qualification, currently working as Vice-President-Finance of Tata Steel Limited for India & South East Asia, in the functional domain of Financial Accounting, Taxation as well as Reporting and Consolidation of the Tata Steel Group. In addition to this, He has also spearheaded ...

Why India?

World’s third biggest economy of World
Huge consumption potential with 1.2 billion population with domestic demand accounts for 60% of the GDP
India is one of the fastest growing economies and poised to overtake China as by 2016 as per World Bank report
India has emerged as the most favoured destination for foreign direct investment (FDI) in year 2015
Stable government at center
Conducive investment climate
Strong financial regulatory framework
Rising per Capita income and growing middle class
India has second largest young workforce (20 – 35 age)
Ease of doing business, simplified regulation and greater coordination between central and state government aids in industrial investment

Why Odisha?

Stable political regime and investor friendly policy environment
The state offers a wide range of fiscal and policy incentives for businesses under the Industrial Policy Resolution, 2015 and Odisha SEZ Policy 2015 Resolution
Vibrant industry sector with Strong institutional support
Single window facilitation with common application form (CAF)
Conducive and peaceful industrial climate
Orissa has abundant natural resources and a large coastline
The industrial electricity tariff is one of the lowest in India – INR 5.02 /Kwh
Orissa is well connected by all modern means of transport
Educated workforce: It has premier institutions such as IIT, XIMB, NIT, IIM, and many engineering institutes and ITIs (Industrial training institutes) that educate more than 1,50,000 students per year.
450 Kms of Coastline with three operating ports and four proposed ports – excellent connectivity to SE Asian & Far Eastern markets
Adequate fresh water available for industrial use - About 10% of India’s utilizable water (surface & ground)

Why TSSEZ?

Established developer goodwill associated with TATA brand. TATA steel is committed to promote the Special Economic Zone (SEZ) as an industrial growth engine in State of Odisha.
2,970 acres (1202 Ha) of contiguous land parcel and free from encumbrance – the key USP for the upcoming Zone.
Availability of land at affordable cost
Multi modal logistics advantage with Rail, Air, Road and Port connectivity.
Site enjoys access to a significant export catchment comprising East Asian countries
Excellent connectivity with the established markets of Odisha along with neighbouring states of Andhra Pradesh, West Bengal, Telengana, etc.
First of its kind SEZ in the eastern part of the country.
Adequate availability of Skilled manpower – presence of ITI, technical and skill development institutes in the district
Established Power Supply sourced from Govt. of Odisha at competitive rate of Rs. 5.02/ kwh
Water commitment ~ perennial water to the site
TATA Steel is committed to extend all support to potential investors
Tata Steel has already committed anchor investment of Rs. 800 crore spent for setting up a 55000 TPA High Carbon Ferro chrome Plant in an area of 400 acres expected to be commissioned by March 2016.