Tata Steel expects India’s steel demand to grow 7-8% annually over the next two decades.
The company plans to raise domestic capacity to over 40 million tons per year and enter the Maharashtra market. It allocates more than 60-65% of its Rs 20,000 crore annual capital expenditure to India.
Geopolitical shocks have led Tata Steel to adopt scenario planning, supply chain diversification, and active hedging. For Europe, the firm will focus on cost and commercial strategies to improve performance despite energy and demand risks.