 "Tata Steel, Kalinganagar mill")
Buoyed by the recent acquisitions of Bhushan Steel and Usha Martin, Tata Steel has set targets to achieve at least 30 per cent volume sales from downstream products by 2025. Stepping up downstream sales is part of Tata Steel's deft strategy to counter the vagaries of a cyclical steel business.
By 2025, Tata Steel is looking to ramp up its India crude steel capacity to 30 million tonnes per annum (mtpa), from 18.6 mtpa currently. The steel maker has been diversifying its portfolio with differentiated product and service offerings. Close to 70 per cent of its product mix (as on
