The chairman of the Tata group N Chandrasekaran has said the steel conglomerate cannot have a situation where India keeps funding the mounting losses at its struggling Port Talbot steelworks in the UK.
He emphasised that the Port Talbot steelworks in Wales, one of the largest in Europe, needed to be "self-sustaining" in an interview with the Sunday Times.
The head of the 84 billion-pound turnover conglomerate that also owns
Chandrasekaran, 56, said, "I need to get to a situation where at least the plant (Port Talbot) is self-sustaining."
"The workforce at Port Talbot have for many years proved they are the producers of world class quality steel and Wales and the UK can't afford to lose the expertise and commitment they have shown over the years."