Tata Steel Tata Steel’s Jamshedpur plant recognised as World Economic Forum’s Advanced 4th Industrial Revolution (4IR) Lighthouse
Jamshedpur: Tata Steel’s Jamshedpur Steel Plant has been recognised as the World Economic Forum’s Advanced 4th Industrial Revolution Lighthouse.
With this new milestone, Tata Steel is the one of the few enterprises with three manufacturing sites in the Global Lighthouse network, with Kalinganagar Plant (India) and IJmuiden (the Netherlands) being the other two sites.
The World Economic Forum’s Shaping the Future of Advanced Manufacturing and Production has set up the Global Lighthouse Network to bridge the gap between the manufacturing units that have adopted the Fourth Industrial Revolution Technologies and those who are yet to embrace it.
The companies that have been selected as a part of the Lighthouse Network are able to lead the way forward towards the use of technology to transform factories, value chains, and business models.
T. V. Narendran, CEO & MD, Tata Steel, said: “It is a proud moment for all of us at Tata Steel as the Jamshedpur plant joins the prestigious Lighthouse Network of the World Economic Forum. In 2018 our IJmuiden plant and in 2019 our Kalinganagar plant were honoured with this recognition and we are pleased to have achieved this milestone for Jamshedpur this year. Our investments in state-of-the-art equipment, utilities and adoption of automation along with multiple digital interventions has resulted in improved productivity across all the three manufacturing sites. The Covid-19 pandemic has further accelerated our resolve to move towards digital manufacturing.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
