Tata Steel Expands Kalinganagar Plant to 8MT with ₹27,000 Crore Investment

has launched the ₹27,000 crore Phase II expansion of its Kalinganagar plant in Jajpur, Odisha, increasing its crude steel production capacity from 3 million tonnes to 8 million tonnes annually. This development strengthens Odisha as its largest investment location. The expanded facility will produce advanced high-strength steel for sectors like automotive, infrastructure, power, shipbuilding, and defence. The inauguration was attended by Odisha CM Mohan Charan Majhi and Tata Steel CEO & MD T.V. Narendran. Recently, Tata Steel reported a consolidated net profit of ₹1,201 crore in Q4FY25, up from ₹555 crore last year and above the projected ₹1,080 crore. The company has also announced plans to invest up to $2.5 billion in its Singapore-based subsidiary, T Steel Holdings Pte Ltd, as part of its international expansion efforts. I have attached the daily chart of for your reference. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.