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» Economic Performance

Local Hiring

Tata Steel is on a high growth path and requires highly skilled and qualified workforce to support construction and quick ramp up of its technology intensive operations both at the brownfield and greenfield sites. As on 31st March 2011 Tata Steel's employee strength increased to 34912 against 34440 on 31st March 2010. In addition the Company also created indirect job opportunities for 54500 people employed by its suppliers and contractors.

Tata Steel's policy for local hiring is guided by the Tata Code of Conduct, Affirmative Action Policy and Resettlement & Rehabilitation Policy. While a significant number of employees are from local communities, ~15% of the Company's employees belong to scheduled castes or scheduled tribes, which constitute indigenous communities in India. The Company expects this number to continue to grow as youth from its greenfield locations Odisha and Chhattisgarh, currently undergoing pre-employment technical training, join its workforce.

A part of Tata Steel's workforce constitutes second, third and fourth generation employees.

Value Creation for Society
Tata Steel has adopted the role of an "enabler" to growth empowering and reaching technical support rather than granting aid to them. The Company follows a consultative approach to fostering socio-economic change in these communities and has determined five strategies: (1) Sustainable Livelihood; (2) Education; (3) Civic amenities and Infrastructure; (4) Health and (5) Ethnicity. In 2010-11 it conducted a Human Development Index study to assess the impact of its community interventions.

The direct and indirect impacts of Tata Steel's operation are covered in the section on Social Indicators.