Rs 25,000 crore investment by '10
Financial Express — June 23, 2005

Taking advantage of the current boom in the steel sector, Tata Steel on Wednesday announced a whopping investment of up to Rs 25,000 crore over the next five years to become a 15 million tonne-capacity steel company. "We are looking at an investment of between Rs 23,000 crore to Rs 25,000 crore by 2010. The plans include expansion at the Jamshedpur plant and building new capacities in Orissa and Chatisgarh," B Muthuraman, managing director, Tata Steel said here on Wednesday.