Tata Steel plans 7-7.5 MT capacity expansion in India
after close1 source ↓written by the desknot a recommendation
- capacity expansion
- 7-7.5 million tonne
Tata Steel aims for a 7-7.5 million tonne capacity expansion in India, focusing on its Kalinganagar facility, which can increase from 7 million to 8 million tonne per annum. The brownfield projects are in planning and approval stages, with execution expected to take three to four years post-board approval. This expansion may enhance Tata Steel's market position in the steel sector.
Not investment advice. For informational purposes only.