The Tata group is a global enterprise, headquartered in India, comprising over 100 independent operating companies. Tata Steel, the flagship company of the Tata group, is a Fortune 500 Company with immense global reach. TV Narendran, Managing Director of Tata Steel, provided updates on the Company's graphene R&D business.
Tata Steel is working with graphene as part of its plan of focusing on developing advanced material to protect its margin and bottom line. Its Graphene Development Center has recently produced corrosion-resistant graphene paint and supplied graphene powder to renowned tyre companies. It has also demonstrated the potential of graphene inks, which are used in the printing of train tickets, plane boarding passes, and RFID (radio-frequency identification) tags.
Narendran said that the company is working with Indian Railways to coat coaches with graphene from the inside. The company is also working on various other applications for graphene with a target to generate 10% of overall revenues from new materials, he said.