TMT now has a very large target on its back, page-662

tata Steel on the move

Tata Group's steel manufacturing arm, Tata Steel, isplanning a consolidated capital expenditure (capex) of Rs 16,000 crore for itsdomestic and global operations during the current financial year, reported PTI,citing the company's CEO & MD T V Narendran and Executive Director &CFO Koushik Chatterjee.

The company is in process of expanding capacity of itsplant at Kalinganagar, in Odisha to 8 MT from 3 MT.

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https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/tata-steel-plans-rs-16000-cr-consolidated-capex-in-fy24/articleshow/101080113.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst