On December 3, Tata Steel participated in the award ceremony for the 2018 Early Start Enterprise Awards hosted by the Confederation of Indian Industry (CII) to award awards to top Indian start-ups. Previously, Tata Steel joined the futurist corporate school created by CII and promised to support the ecosystem construction of start-ups.

Tata Steel has always attached great importance to reform and innovation. At present, Tata Steel is exploring in-depth contact and cooperation with excellent start-ups, which will help it solve problems in steel production technology innovation, digital development, value chain management and industry 4.0.

The establishment and development of start-ups requires help from business incubators, investors, consultants and so on. In India, start-ups tend to die out quickly due to a lack of a strong business ecosystem.

In this regard, Tata Steel CEO and President Narendran said: "Although the Indian government has taken a series of measures to support the development of start-ups, the majority of companies should also actively contribute to create a healthier and more orderly The business ecosystem. We need to foster entrepreneurship, encourage entrepreneurship, and provide a fertile development landscape for companies that focus on innovation and cutting-edge technology. Tata Steel is happy to work with relevant and relevant start-ups and provide them with multi-faceted support. ”