Tata Steel plans ₹20,000 crore capex for expansion
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹20,000 crore
- from last year's
- 38% increase
- from last year's
- ₹14,559 crore
- capacity
- 50 million tons
Tata Steel announced a ₹20,000 crore capital expenditure for FY 2026-27, marking a 38% increase from last year's ₹14,559 crore. This investment will primarily enhance Indian operations, focusing on downstream facilities and sustainability projects. The company aims to boost its steelmaking capacity to over 50 million tons, with significant expansions planned in India.
Not investment advice. For informational purposes only.