Tayo Rolls Limited (formerly Tata-Yodogawa Limited) is a now insolvent metal fabrication and processing company headquartered in
Jamshedpur
Jamshedpur (; ), also known as Tatanagar, is a major industrial city in eastern India. It is the List of cities in Jharkhand by population, largest city in the state of Jharkhand. With a population of 629,658 in the city limits and 1.3 million ...
,
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
, and was a subsidiary of
Tata Steel
Tata Steel Limited is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, with its primary operations based in Jamshedpur, Jharkhand. It is a subsidiary of the Tata Group.
Formerly known as Tata Iron and Steel ...
. Tayo Rolls' products were primarily cast rolls, forged rolls, special castings and pig iron.
History
Tata-Yodogawa Limited was founded in 1968 as a joint venture between Tata Steel and the Japan-based Yodogawa Steels.
Shares in Tata-Yodogawa were offered to the public in 1969.
[
In September 1989, Tata-Yodogawa formed a technical alliance with the Austria-based Eisenwerk Salzauwerfen.][
In 1995 Tata-Yodogawa began the production of special castings for power plants.][
The name of the company was changed to Tayo Rolls in December 2003.
In January 2010 Tayo Rolls opened a new facility for the manufacture of forgings and forged rolls, constructed at a cost of Rs 168 crore.]
Operations
In the fiscal year ended 31 March 2010 Tayo Rolls produced 6,516 tons of rolls, 22,604 tons of pig iron, and 16 tons of special castings.[ The company has announced its closure. It plans to close its operation in September 2016.
]
References
External links
Tayo Rolls official website
{{Steel industry of India
Steel companies of India
Companies based in Jharkhand
Tata Group
Manufacturing companies established in 1968
1968 establishments in Bihar
Indian companies established in 1968