Tata Steel plans to invest $795 million in its subsidiary NINL over two years for long product expansion. After acquiring NINL in 2022, Tata focused on restarting and reaching 1.1 million mt yearly capacity. The next phase aims to boost capacity by 4 million mt to 5 million mt yearly. Tata Steel will infuse equity to optimize funding and meet expansion needs. NINL, with 1.1 million mt steel capacity, has a 62MW power plant and 90 million mt iron ore mines. The plant near Tata's Kalinganagar site aligns with Tata's 5 million mt capacity addition project.