Tata Steel plans ₹20,000 crore capex for expansion
after close1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹20,000 crore
- from the previous
- 38% increase
- capacity
- 50 million tons
Tata Steel announced a ₹20,000 crore capital expenditure for FY 2026-27, marking a 38% increase from the previous year. 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 projects in India.
Not investment advice. For informational purposes only.