Tata Steel is moving forward with plans for its expansion to reach a steelmaking capacity of 40 million tonnes per annum (MTPA), according to Chairman N. Chandrasekaran. The recent commissioning of Phase II at the Kalinganagar plant has boosted Tata Steel’s total capacity to 26.1 MTPA. Chandrasekaran emphasized that this expansion is a significant step towards the company’s long-term goal.
The company is now exploring new locations and land acquisitions to support growth beyond the 40 MTPA milestone. In Europe, Tata Steel’s restructuring efforts are showing positive outcomes. Despite progress, the operating conditions in the Netherlands have become more demanding, surpassing EU standards for environmental regulations.
Chandrasekaran stated that Tata Steel is actively collaborating with the Dutch government and other stakeholders to establish a sustainable and compliant pathway for the future. The company’s digital transformation initiatives have seen the deployment of over 860 artificial intelligence (AI) models to enhance productivity and efficiency across operations.
Tata Steel’s digital platforms, Aashiyana and DigECA, achieved a combined gross merchandise value (GMV) of Rs 9,360 crore in FY26, reflecting a notable 161% year-on-year increase. Looking ahead, Chandrasekaran reaffirmed Tata Steel’s commitment to evolving into a larger, greener, smarter, and more resilient entity through continuous investments in technology, operational excellence, and capacity expansion.
Shares of Tata Steel were trading higher at approximately Rs 186 on the BSE at 12:20 pm on Thursday. The stock’s performance on the exchange has ranged from a 52-week low of Rs 152.55 to a high of Rs 224.40.
