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Friday, September 20, 2024
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HomeEconomyIndia's Tata Steel invests $3.23 billion to expand crude steel capacity

India’s Tata Steel invests $3.23 billion to expand crude steel capacity

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BENGALURU (Reuters) – India’s Tata Steel has invested 270 billion rupees ($3.23 billion) to expand crude steel capacity at its facility in the eastern Indian state of Odisha, the company said on Friday.

($1 = 83.5200 Indian rupees)

(This story has been corrected to fix an error in the headline and paragraph 1, after the company clarified that it has already invested the amount in the facility)

(Reporting by Anuran Sadhu in Bengaluru; Editing by Janane Venkatraman)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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