Inorganic assets to fuel Tata Steel growth: T V Narendran

Tata Steel's installed capacity in Kalinganagar in the first phase is three million tonnes

Tata Steel will look at all inorganic options to achieve its target of doubling capacity in the next five years.

Tata Sons chairman Natarajan Chandrasekaran had recently said that a deleveraged Tata Steel would be better positioned to grow faster and double capacity in India over the next five years, organically or inorganically. Asked about it, Tata Steel India and Southeast Asia Managing Director T V Narendran said, “He has set the target for us,” and then elaborated that it would be achieved through a mix of organic and inorganic options.

Kalinganagar would be organic, he said. Tata Steel’s installed