Tata Steel Chairman, Natarajan Chandrasekaran, highlighted the company’s expansion in India during its 119th Annual General Meeting (AGM).

He highlighted the expansion of the Kalinganagar facility as particularly important to this growth.

Chandrasekaran stated: “We achieved a major milestone with the commissioning of Phase II expansion at Kalinganagar, taking our total capacity to 26.1 MTPA and expanding the site capacity from 3 to 8 MTPA.

“With India’s largest blast furnace and state-of-the-art Cold Rolling Mill, we have strategically enhanced our flat products portfolio and strengthened our presence in high-value, technology-intensive segments such as automotive and defence. This is a decisive step towards our long-term vision of achieving 40 MTPA capacity.”

This expansion is not limited to India, as he continued: “In Europe, we have entered into a decisive transformation phase. In the UK, we broke ground on the £1.25bn EAF Project at Port Talbot, marking the commencement of the UK’s largest low-carbon steelmaking transition, in partnership with the UK Government. The project is progressing in terms of Engineering Design and Construction.”

Chandrasekaran also noted that despite geopolitical crisis in the first half of the year, the Indian economy was able to record a 7.6% growth in FY26. Furthermore, the Indian steel industry saw a 10.7% increase in production and a 7.6% growth in demand during the same period.

He concluded: “Safety remains our topmost priority and Tata Steel is committed to zero-harm across locations. We are strengthening our processes, deploying technology, and deepening awareness to ensure highest standards of safety.

“We remain committed to inclusive growth, enhancing quality of life, and creating lasting societal value, with ₹473 crore spent in CSR initiatives impacting over 6.9 million lives across India this year.

“To conclude, I would like to say, Tata Steel is in a transformative phase towards being larger, greener, smarter and resilient company. I thank all of you for your continued trust in the Board and the Management and look forward to your support for the coming years.”