Administrator
03 March 2026
*Jharkhand Chief Minister Hemant Soren with Tata Group Chairman N Chandrasekaran
Following successful pilot trials in the Netherlands, Tata Steel plans to establish a commercial-scale facility of around 1 million tonnes per annum capacity in Jamshedpur by 2030.
This is not a single-point investment. Tata Group will also form an experts’ panel to explore investment in various sectors for the development of Jharkhand, it is learnt.
Already, Tata Group Chairman N Chandrasekaran is on record saying this on Monday. “Tata Steel will invest Rs 11,000 crore in Jharkhand for developing advanced grade steel at its Jamshedpur facility.
“The technology developed by the Tata Group for advanced steel production will benefit other steelmakers, too, he said.
"Tata Steel will invest Rs 11,000 crore in Jharkhand for developing advanced green steel technology, pioneered by it with low carbon production... It will make the steel process faster and reduce carbon emission," Chandrasekaran said, sharing the stage with CEO T V Narendran and Chief Minister Hemant Soren.
The steel major has pioneered and developed the technology, and its first investment will be in Jamshedpur, he said.
"It is a very important project for Tata Steel’s footprint globally, and this technology will also benefit other steel companies," Chandrasekaran said, adding that the investment is planned to be implemented following the advice of the Chief Minister Hemant Soren.
