Tata Steel Ltd.

Tata Steel is planning to produce one million tonne (mt) more steel this year to around 8 mt on expanded capacity at Jamshedpur, as it expects India’s steel demand to grow at 8% in the current financial year.

The company is going to commission the first phase of its upcoming Greenfield plant at Kalinganagar in Orissa between October 2013 and March 2014. The new plant will have an initial capacity of 3.5 mt per annum and 5.5 mt per annum in the second phase.