Tata Steel will increase its manufacturing capacity in the country three-fold by 2012 to 21 million tonnes per annum (MTPA) from the current 7 million tonnes. "After completion of the 3 million tonnes expansion project at Jamshedpur, the company's steel manufacturing capacity in Indian operations
will enhance to 10 MTPA by 2012," said Ratan Tata, chairman, Tata Steel, at the recently-concluded annual general meeting of Tata Steel.
The company plans to invest R4,500 crore this fiscal followed by R7,000 crore in 2011-12 for various projects.
