According to a ToI report, Tata Steel's Kalinganagar plant in Bhubaneswar is on the brink of a major production boost. The plant, which currently produces 3 million metric tons of steel per annum, is set to more than double its output to 8 million metric tons per annum as its second phase of expansion nears completion. This expansion marks a crucial step in Tata Steel's ambitious journey towards achieving a total production capacity of 40 million metric tons per annum by 2030.
The Kalinganagar plant, situated in the mineral-rich state of Odisha, has been a cornerstone of Tata Steel's operations since its inception. The current expansion is not just about increasing quantity but also about enhancing the quality and variety of steel products. According to a statement released by Tata Steel, this growth will significantly boost the company's capability to manufacture high-end, value added steel products, positioning it more competitively in both domestic and international markets.