We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran

Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacity in value-added products for both, Make in India and Make for The World

Tata Steel chairman, Natarajan Chandrasekaran, hoped that the industry-specific policy measures taken by the government to tackle inflation were short-term and indicated that the company was not slowing down expansion plans.

Addressing shareholders at the company’s annual general meeting (AGM), the chairman of Tata Steel and Tata Sons – the holding company – said that the steel industry in India is globally competitive and therefore the Indian steel companies should be able to expand capacity in value-added steel products for both "make in India" and "make for the world".

“This is a defining moment in history where the steel industry