Tata Steel is planning to increase India revenue share to 91% of the total from 53% in 2017-18. The company is also looking at simplify the subscale and non-core assets such as South East Asia operations.
The company is looking to divest it’s south-east Asia operations. With regard to increasing focus on India market, the company is looking for a 91% jump in revenue which has been chalked out after taking into consideration the expansion of Kalinganagar to 8 million tonnes and acquisition of Bhushan Steel.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.
