Tata Steel plans to invest Rs 10, 000 crore in Jharkhand
Tata Group's flagship firm, Tata Steel, has plans to invest Rs 10,000 crore in Jharkhand by 2028. The firm is planning to have 40 million tonnes per annum (MTPA) steelmaking capacity, up from the present 27.35 MTPA.
Of the total investment, Rs 7,000 crore will be allocated to Hisarna & Easy Melting Technology, which is a low-carbon iron-making route that enables direct production of iron without the need for conventional coke, sinter, or pellet plants. Rs 2,600 crore will be allocated to the expansion of the Tinplate Division, while Rs 1,500 crore will be invested in the Combi mill.
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