The Hindu Business Line : Tata Steel to increase capacity to 15 mt

TATA Steel, which has announced plans to increase its steel capacity to 15 million tonnes by 2010, is looking at increasing its capacity to 25-35 mt beyond 2015.

In an interaction with journalists of The Hindu group today, Mr B. Muthuraman, Managing Director, Tata Steel, said that the company would aggressively look at acquisitions both in South-East Asia and in the West.

An acquisition in South-East Asia was "at a fairly advanced stage of finalisation," he said.

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