Tata Steel will launch a new factory in Orissa

In March 2015, the Tata Steel metallurgical company will complete the first phase of the construction of a new steel enterprise in the Indian state of Oriss. The capacity of the new metrough will be 6 million tons of steel products per year.

T.V. Narendran, who holds the post of general manager of the Tata Steel general manager in India and the countries of Southeast Asia, the following: said the following: the following: said the following:

"Now we were able to significantly increase the volume of production of steel at the factory in the city of Jamedespur. The production of products there increased by 3 million tons and reached 10 million tons per year. After such success, we began the construction of a new metallurgical plant in the city of Kalinhanagar in the state of Oriss. The first phase of construction and insulation of facades with polystyrene foam we intend to complete at the end of the next financial year. "

T.V. Narendran also said that Tata Steel has high hopes for the development of long -term and large projects aimed at creating new metallurgical enterprises. In addition to this, the Tata Steel general manager noted that last year, despite the decrease in steel consumption, his company increased the volume of production by 12% and looks at the future with optimism.

Currently, the first phase of the construction of the plant in Calcanagar is in full swing. At this stage, the management of Tata Steel intends to invest 250.164 billion rupees ($ 4 billion) in the construction of the future enterprise. According to the reports, the plant in Calnganagar is built literally from scratch and is the largest similar Tata Steel project after the construction of the enterprise in the city of Jamdesdaypur.

Recall that the new Tata Steel company in Oriss will consist of two parts. Every year, each of them will produce 3 million tons of steel products intended for the needs of the automotive industry.