According to GMK, Tata Steel has unveiled plans for capital expenditures totaling $1.76 billion for the 2025-26 fiscal year, with investments across India, the United Kingdom, and the Netherlands. The company will allocate $1.29 billion for projects in India, including expanding the Kalinganagar plant and constructing a new electric arc furnace in Ludhiana. British operations will receive $223 million, while the remaining funds will go toward developments in the Netherlands.
Additionally, Tata Steel intends to invest $2.5 billion in its Singapore-based subsidiary, T Steel Holdings, to enhance its European operations and manage debt repayments. This funding will support the transformation of its UK and Dutch units, which are adapting to new regulatory requirements and decarbonization efforts by transitioning to electric arc furnace technology.
T Steel Holdings, fully owned by Tata Steel, will maintain its ownership structure following the capital injection. The Reserve Bank of India has granted approval for the investment, which follows a recent conversion of $565 million in loans into equity.
In its latest results, Tata Steel reported a 4.3% year-on-year increase in steel production in India, reaching a record 21.7 million tonnes in the 2024-25 fiscal year. The company's consolidated steel output rose by 3.3%, totaling 30.9 million tonnes.
