Odisha to Become Tata Steel’s Top Investment Hub Following Kalinganagar Expansion

BHUBANESWAR: Tata Steel has announced that Odisha will become its largest investment destination following the phase-II expansion of its Kalinganagar plant. The expansion will increase the plant’s capacity from 3 million tonnes per annum (mtpa) to 8 mtpa.

The steel giant has invested ₹27,000 crore in this expansion, which is nearing completion. This significant investment underscores Tata Steel’s commitment to boosting its production capabilities and aligns with its goal of reaching a total capacity of 40 mtpa in India by 2030. The Kalinganagar expansion is a pivotal step in achieving this ambitious target and solidifying Odisha’s role as a key location in Tata Steel’s growth strategy.