India’s Tata Group: A Leader in Green Business Practices
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The Tata Group, India’s oldest and most respected industrial conglomerate has a reputation for being a lead player in sustainability and corporate social responsibility.
Bailing Out The Banking System
Earlier this week, Tata came to the rescue of AIG policy holders to protect the nation’s banking system and bought Citibank’s Indian back office operations, preserving thousands of jobs.
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Tata Nano: An Eco Friendly Car
Later this month, the company will launch the Tata Nano, a car that is high in fuel efficiency and low in carbon emissions. Tata has faced its own share of problems recently: its new 500,000 unit Nano plant has been moved across the country from West Bengal to Gujarat due to irreconcilable conflicts between the ruling Communist Party of West Bengal and the Trinamool Congress party led by Mamta Bannerjee. However the initial series of Nanos are being produced in Pune while the plant is being shifted to its permanent home.
Sweet Sorghum: Feedstock For Alternative Energy
The group’s latest announcement in green business, the commissioning of Tata Chemicals’ new sweet sorghum ethanol plant in Nanded, Maharashtra later this month promises to be one of the bright spots amid troubled times in India’s financial sector and for the $30 billion Tata Group. The new Tata Chemicals facility in Nanded will be the nation’s first pure sweet sorghum ethanol plant producing 30kl per day in the initial phase with a maximum capacity of 8 million litres per year by 2010.
A true exercise in sustainability, the new ethanol plant will generate its own power from milled stock, and will have a state of the art wastewater treatment system designed to meet the specific challenges of sweet sorghum processing. Tata Chemicals also has plans to make use of the by-products of its ethanol business using research from its Innovation Centre in Pune.
Related Posts About India:
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Tata Nano Is to Debut in October; What Will Be the Impact on Indians and the Earth?
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