Business Daily from THE HINDU group of publications Saturday, Aug 30, 2008 ePaper | Mobile/PDA Version | Audio |
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Marketing
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New Products & Services Industry & Economy - Real Estate & Construction
Tata BlueScope, a 50:50 joint venture between Tata Steel and BlueScope Steel of Australia, has launched a series of steel products for the construction sector. Our Bureau Hyderabad, Aug. 29 Want to own a ‘next generation’, steel framed, small home that would be ready in just a week? You should call Tata Bluescope Steel, the company which is promoting the concept of ‘Smart Build’. A 250 sq m steel-framed house will be assembled by a team of three professionals in exactly a week, said Mr Vikas Pundir, General Manager-Marketing (Building Products and Distribution) of the company. The entire structure, including the nut and bolt, plus the assembly team and the steel tiles, are being offered out of Tata BlueScope Steel’s Chennai facility, he told Business Line here on Thursday. FocusThe ‘Smart Build’ concept focuses on quick to install, environment friendly, and lighter structural weight offerings with colour options. It is typically fit for small cottages, homes, and farm houses among others. Tata BlueScope, a 50:50 joint venture between Tata Steel and BlueScope Steel of Australia, on Thursday launched a series of steel products for the construction sector, signalling its entry into the retail market. Under the brand name ‘Durashine’, these colour-coated steel building products include those made for the roofing and wall. Tiles will be launched in three months, and the offering will be expanded, Mr Pundir said. Distribution networkTata BlueScope will use the distribution network of Tata Steel through the Tata Shaktee outlets to promote these products. The products are also sourced from BlueScope’s Thailand facility. Rs 1,500-cr InvestmentThe joint venture, however, has invested up to Rs 1,500 crore in a large plant with a capacity of 2,50,000 tonnes a year of metal coatings at Jamshedpur. The plant will start production by the end of 2009 or early 2010, said Mr Sureet Chatterjee, Chief (Marketing & Business Development). With plants in Pune, Bhiwadi (Haryana) and Chennai, the company is expected to log Rs 500 crore turnover this fiscal, he added. More Stories on : New Products & Services | Real Estate & Construction | Steel | Environment | Tata Steel Ltd
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