Tata Steel SEZ to invest over Rs 2,000 cr in developing infrastructure - Feedback

Tata Steel SEZ today said it plans to invest about Rs 2,000-2,500 crore for development of infrastructure at Gopalpur in Odisha in the near term.

“We have already spent Rs 1,000 crore to set up a 55,000 TPA high carbon ferro chrome plant and development of infrastructure. Going forward we will invest Rs 2,000 -2,500 crore for the development of further infrastructure in the SEZ,” Tata Steel Managing director T V Narendran told reporters on the sidelines of Make in India conference here. The SEZ, which is a 100% subsidiary of Tata Steel, has received clearance from Odisha government for setting up an industrial park.


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