Tata Steel plans to up India revenue share to 91% from current 53%

Company looking at simplification of south-east Asia business, not divestment

At one end where Tata Steel, the country's oldest steel producer, is aiming to increase India revenue share to 91 per cent of the total from 53 per cent in FY18, the company is also looking at simplification of subscale and non-core assets such as South East Asia operations.
 

Recently, media reports stated that the company is looking to divest it's south-east Asia operations as it has been making losses time and again.
 

"We are certainly looking at simplification of NatSteel operations but the divestment bit which we have been reading about is a bit exaggerated. We are just looking