Structurally, we're much stronger now, says Tata Steel's T V Narendran

We have restructured the European business and shrunk it from 18 million tonnes to 10 million tonnes. The India business, on the other hand, has grown to 18 million tonnes, he said

The proposed joint venture between Tata Steel and ThyssenKrupp has collapsed following a feedback from the European Commission. In a conversation with Ishita Ayan Dutt, Tata Steel Chief Executive Officer and Managing Director T V Narendran explains how the firm is better placed to deal with such eventualities than it was a decade ago. Edited excerpts:

Now that the joint venture with ThyssenKrupp has collapsed, what is your Plan B?
 

All I can say now is that there is a Plan B.

Will the European operations be a bleed on the Indian operations?
 

A lot of heavy lifting has been