Tata Steel to double capacity in India
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.