Tata Steel plans to invest ₹10,000 crore in its projects across Jharkhand by 2028, a move expected to generate around 2,000 direct and indirect employment opportunities, company officials said.
The proposed investment forms part of the steelmaker’s long-term strategy to expand production capacity and transition towards low-emission steelmaking technologies. Tata Steel is targeting an increase in its steelmaking capacity in India from the current 27.35 million tonnes per annum (MTPA) to 40 MTPA through capacity expansion and the adoption of cleaner production processes.
According to company officials, nearly ₹7,000 crore of the planned investment will be allocated to the deployment of HIsarna and Easy Melting Technology by 2028. HIsarna is Tata Steel’s proprietary low-carbon ironmaking technology that enables iron production without the need for conventional coke ovens, sinter plants or pellet plants, helping reduce carbon emissions in the steelmaking process.
Speaking to reporters, Sarvesh Kumar, Chief of Corporate Communication, Tata Steel, said the investment plan also includes ₹2,600 crore for the expansion of the company’s Tinplate Division, while ₹1,500 crore will be invested in the Combi Mill project. These projects are expected to strengthen Tata Steel’s manufacturing capabilities while supporting industrial growth in Jharkhand.
The investment reinforces Tata Steel’s continued focus on expanding its operations in Jharkhand, where the company has a longstanding manufacturing presence. Besides enhancing production capacity, the planned projects are expected to contribute to employment generation and support the company’s broader objective of building a more sustainable and technologically advanced steel business.
