Don't need to look for assets after NINL buy: Tata Steel's TV Narendran

In a Q&A Tata Steel CEO and MD T V Narendran talks about what the acquisition means for the company's growth ambitions as also the near-term outlook

Close on the heels of its subsidiary Tata Steel Long Products being selected as the winning bidder for Neelachal Ispat Nigam (NINL), Tata Steel reported yet another quarter of strong financial performance. In an interview, Tata Steel Chief Executive Officer and Managing Director T V Narendran tells Ishita Ayan Dutt what the acquisition means for the company’s growth ambitions as also the near-term outlook. Edited excerpts:

You have already outlined an additional 4.5 million tonnes (MT) capacity expansion for NINL. What kind of investment would that entail?

We will come out with the numbers once we have fully assessed the