Tata Steel to double capacity in India

Tata Steel to double capacity in India
16/10/2017 , by , in ALLIED

Tata Steel has potential to double its domestic capacity, according to its chairman N Chandrasekaran.

“I think it’s fair enough to say whether organic or inorganic, we have a potential to double our capacity in India,” Chandrasekaran said.

Tata Steel India, he said, is a well-run business and it is slated to perform extremely well as there is a demand as well as a market in the country.

Tata Steel MD T V Narendran had said earlier the company had secured green clearance to increase production capacity of its Jamshedpur facility to 11 million tonnes.

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