Talks with UK govt have picked up significantly: Tata Steel's T V Narendran

T V Narendran, Tata Steel MD & CEO, tells that collectively the Tata group is one of the biggest investors and employers in the UK

Tata Steel’s protracted discussions with the UK government on financial support for transition to greener steel appear to be finally moving in the positive direction with both sides working towards a solution. In a video interview, T V Narendran, managing director and chief executive officer, tells Ishita Ayan Dutt that collectively the group is one of the big investors and employers in the UK and Tata Steel would use group-level leverage to make progress where required. Edited excerpts:

Europe dragged Tata Steel’s performance in the last three quarters on a consolidated level. When is it likely to turn the corner?