VERIFIEDET Finance·5 Oct 2026neutral

Tata Steel expanding NINL capacity to 5 MT per annum: CEO TV Narendran

AI Summary

·Tata Steel is investing Rs 40,000 crore to increase NINL's capacity to 5 million tonnes per annum.
·The acquisition of NINL was completed on July 4, 2022, for Rs 12,100 crore.
·NINL has been revived after being non-operational for over three years.