Business Standard

Will consider balance sheet as first priority, says Tata Steel's Chatterjee

As a principle, we are determined to ensure all businesses, including Indian and overseas subsidiaries, are free cash flow positive, says Chatterjee

Koushik Chatterjee,  ED and CFO, Tata Steel

Koushik Chatterjee, ED and CFO, Tata Steel

Ishita Ayan Dutt
Tata Steel is on the cusp of a change; it has initiated discussions with Sweden-based SSAB for acquisition of its Netherland business including Ijmuiden steelworks, and in India, it is reorganising its subsidiaries and joint ventures into four business verticals. In an interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt about the key themes of the strategy. Edited excerpts:

What is the time-frame for completion of the due diligence and consultation for the sale of Tata Steel Netherlands, including Ijmuiden to SSAB?

We have initiated discussions with SSAB and stakeholders in the Netherlands,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 15 2020 | 5:45 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to