Tata Metal will proceed its affiliation with PGTI as umbrella companion for 3 extra years

Tata Metal will proceed its affiliation with PGTI as umbrella companion for 3 extra years

Mumbai/Kolkata, March 18, 2022

, Sponsorship pegged at larger worth than earlier engagement~

~ On the finish of the season the Tata Metal Tour Championship prize cash doubled from Rs. 1.5 crore to Rs. 3 crore, from this 12 months~

~PGTI has been an umbrella companion since 2019~

~Tata Metal collaboration has made PGTI and Golf extra common in India~

Tata Metal right this moment introduced that it’s going to assist the Skilled Golf Tour of India (PGTI) as an umbrella companion for 3 extra years beginning the 2022 season. The sponsorship dedication is pegged at a better worth than the earlier event. The steelmaker, identified for its long-cherished dedication to manufacturing sportswear in India, additionally mentioned that it’s going to double the prize cash of the Tata Metal Tour Championship to Rs 3 crore on the finish of the season from this 12 months. Tata Metal first joined as an umbrella companion of PGTI in 2019 by signing a three-year contract with the governing physique for skilled golf in India.

Sanjeev Paul, Vice President (Security, Well being and Sustainability), Tata Metal, Informed: “Sports activities is a lifestyle at Tata Metal and we have now at all times been on the forefront of growing and nurturing sports activities expertise within the nation. We look ahead to persevering with our vital affiliation with PGTI to additional our shared aim of selling Indian expertise to compete on the highest stage of golf. We’ll proceed to try for excellence in sports activities and leverage sports activities to empower the group.”

Uttam Singh Mundi, CEO, PGTI, Informed: “We’re delighted to resume our partnership with Tata Metal, considered one of India’s main corporates and the custodian of the game, as our umbrella companion. This progress is a shot within the arms of PGTI as our continued affiliation with Tata Metal The collaboration will assist take Indian skilled golf to new heights within the years to return.

Tata Metal’s centuries-old affiliation with the game dates again to Sir Dorabji Tata’s funding of 4 athletes and two wrestlers for the 1920 Olympic Video games in Antwerp, Belgium. The corporate has constructed an array of infrastructure for every sporting self-discipline, together with a 9-hole golf course (Beldih) and an 18-hole golf course (Golmuri) in Jamshedpur, which has hosted a number of tournaments.

PGTI’s affiliation with the Official World Golf Rating (OWGR) system permits extra Indian gamers to make an influence on the world stage, in addition to permits the world to acknowledge the potential of expertise that exists in India. Since being a part of the ‘Official World Golf Rating’ (OWGR) system in 2019 and its affiliation with Tata Metal, PGTI has turn into a de facto springboard for gifted Indian golfers to embark on main worldwide excursions.

About Tata Metal

Tata Metal Group is without doubt one of the high international metal firms with an annual crude metal capability of 34 million tonnes every year. It is without doubt one of the world’s most geographically various metal producers with operations and industrial presence around the globe. The Group recorded a consolidated turnover of US$ 21.06 billion for the monetary 12 months ended March 31, 2021.

An excellent place to work – licensedtm The organisation, Tata Metal Restricted, together with its subsidiaries, associates and joint ventures, is unfold throughout 5 continents with an worker base of over 65,000. Tata Metal has been part of the DJSI Rising Markets Index since 2012 and has been persistently ranked among the many high 10 metal firms within the DJSI Company Sustainability Evaluation since 2016. Along with being a member of Accountable Metaltm and WorldSteel’s Local weather Motion Programme, Tata Metal received a number of awards and recognitions together with World Financial Discussion board’s World Lighthouse Recognition for its Jamshedpur, Kalinganagar and IJmuiden Vegetation and the Prime Minister’s Trophy for Greatest Performing Built-in Metal Plant for 2016-17 Huh. The corporate, ranked as India’s Most Useful Metals and Mining Model by Model Finance, featured in CII’s High 25 Revolutionary Indian Firms in 2021, obtained the glory of Metal Sustainability Champion from Worldsteel for 4 consecutive years, ‘Most’ from Ethisphere Acquired the ‘Moral Firm’ Award 2021. Institute, RIMS India ERM Award of Distinction 2021, and award from ICAI for Excellence in Monetary Reporting FY20 amongst many others.

To know extra, go to www.tatasteel.com And let’s make tomorrow

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Statements describing the corporate’s efficiency on this press launch could also be “forward-looking statements” inside the that means of relevant securities legal guidelines and laws. Precise outcomes could differ materially from these straight or not directly expressed, anticipated or implied. Vital elements that may make a distinction to an organization’s operations embrace, amongst others, financial circumstances affecting demand/provide and worth circumstances within the home and international markets by which the corporate operates, resulting from or adjustments within the setting , authorities laws, legal guidelines, statutes, judicial pronouncements and/or different related elements.

For media inquiries contact:

sarvesh kumar

Head, Company Communications – Tata Metal

E-mail: sarvesh.kumar@tatasteel.com

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