Tata Steel's ₹15,000 Crore Capex: India Takes Center Stage

Tata Steel has outlined a capital expenditure plan of ₹15,000 crore for FY26, with a strong emphasis on advancing its operations in India, the UK, and the Netherlands. According to CEO & MD T.V. Narendran and Executive Director & CFO Koushik Chatterjee, around 80% of the investment—approximately ₹11,000 crore—will be allocated to projects in India. The UK will receive ₹1,900 crore, with the remainder earmarked for developments in the Netherlands.

In FY25, the company’s capex stood at ₹15,671 crore, including ₹3,220 crore in Q4 alone. Tata Steel continues to invest strategically, including the expansion of its 5 MTPA blast furnace at Kalinganagar and the ongoing construction of a new electric arc furnace (EAF) in Ludhiana.

In the UK, the company is transitioning its 3 MTPA Port Talbot facility in South Wales from the conventional blast furnace route to a more sustainable, low-emission EAF-based process.

News by Rahul Yelligetti.