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Tata Steel charts Rs 15,000-cr capex plan for FY26, focus on India operations

Wednesday, 14 May 2025
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Tata Steel has charted a capital expenditure plan of Rs 15,000 crore for the current financial year (FY26), targeting operations across India, the UK, and the Netherlands.

Senior executives, including CEO & MD T V Narendran and Executive Director and CFO Koushik Chatterjee, confirmed the investment, stating that approx. 80 percent of the outlay will be directed toward ongoing projects in India. The CFO further detailed the allocation: Rs 11,000 crore is earmarked for Indian operations, Rs 1,900 crore for the UK, and the remaining amount for the Netherlands.

In FY25, Tata Steel’s capital expenditure reached Rs 15,671 crore, with Rs 3,220 crore spent in Q4 alone. The company continues to make strategic investments, including the ramp-up of a five MTPA blast furnace at Kalinganagar and the construction of an electric arc furnace (EAF) in Ludhiana. 

In the UK, Tata Steel is transitioning from the traditional blast furnace method to a low-emission electric arc furnace process at its 3 MTPA Port Talbot facility in South Wales. 

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