Over the last 35 years, we have partnered the country in its journey to self-reliance, by embracing sustainability, adopting cutting-edge technology and having innovation and R&D initiatives at the heart of our culture.
From humble beginnings with a single plant in 1982, we are now India's leading manufacturer of value-added and high-end steels. Our plants in Karnataka, Tamil Nadu and Maharashtra have a total capacity of 18 million tons per annum (MTPA), and we are scaling up existing plants and opening new ones to take that figure to 40 MTPA. Globally, we own a plate and pipe mill in the US, and mining assets in the US, Chile and Mozambique.
But we're not ones to rest on our laurels. Driven by decades of experience and a dynamic culture, we constantly seek new ways to revolutionize steelmaking. To begin with, we integrate sustainability into everything we do. We benchmark our business vision and governance systems, manufacturing and sales processes, and even our customer and community engagement initiatives, against global best-in-class standards.
We bolster these sustainability initiatives, by staying on the cutting edge of technology. It's a strategy that has helped us create the largest product portfolio in India, and at the same time, become India's largest exporter of steel with a presence in more than 100 countries. Today, nearly 40% of our products are high-value steels, a figure we intend to take up to 50% soon.
We’ve made this technological prowess possible with a relentless focus on innovation and R&D. It has helped us stay ahead of competition, customise our offerings as per client requirements, partner with global leaders such as JFE Steel, Marubeni Itochu Steel, Praxair and Severfield Rowen Plc. to be cost-efficient, and be seen worldwide as a purveyor of high-end, value-added steel.
Through our CSR (corporate social responsibility) programmes, we’ve forged strong partnerships with the communities we operate in. The canopy of our initiative covers micro-level engagements as well as macro development programs that leave a measurable positive impact in every location where we have a presence.