Tata Steel’s management has announced a planned capital expenditure of approximately ₹20,000 crore for FY2026-27, marking a 38% increase from the ₹14,559 crore spent in FY2025-26. According to CEO T V Narendran and CFO Koushik Chatterjee, 60% of this budget is dedicated to domestic operations. The increased funding will drive the company's ongoing expansion projects and technological upgrades, keeping India at the center of its growth strategy.
News by Rahul Yelligetti.