The company will allocate the majority of its investment budget to growth projects and new technologies in India.
Tata Steel Chief Executive Officer and Managing Director T. V. Narendran and Executive Director and Chief Financial Officer Koushik Chatterjee stated that, following capital expenditure of INR 14,559 crore in FY26, the company is targeting an approximately 38% increase to around INR 20,000 crore in FY27.
The company's management stated that 60% of the planned investment budget will be allocated to its operations in India.
Tata Steel aims to focus on expanding capacity in India, strengthening its production infrastructure and introducing new technologies through these investments. As part of its growth strategy, the company will continue to support its operations in the Indian market.
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