# Tata Steel doubled India capacity under Chandra, Europe still weighs

2026-08-13T11:47:47+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Tata Steel has more than doubled its Indian steelmaking capacity to 27.4 million tonnes since FY2018, making India its primary cash generator, chairman N Chandrasekaran told shareholders at the company's July AGM. The expansion came through acquisitions such as Bhushan Steel and Neelachal Ispat, and the second phase of Kalinganagar, which raised capacity from 3 mt to 8 mt in FY26. European operations, particularly the UK's Port Talbot, remain a long-term challenge. Chandrasekaran said losses have been stemmed and construction of an electric arc furnace began in July 2025. The move is expected to improve economics, though the site has faced years of restructuring and capacity decline from 10 mt to 3.2 mt.

## Coverage

- rediff.com <https://www.rediff.com/business/report/how-tata-steel-overcame-challenges-under-chandrasekharan/20260813.htm>

Tags: acquisitions, India steel, N Chandrasekaran, Port Talbot, steel capacity, Tata Steel
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