Tata Steel Expands Kalinganagar Capacity to Eight Million TPA

27 May 2025 CW Team

Tata Steel Limited has inaugurated Phase Two of its Kalinganagar steel plant in Odisha, increasing its crude steel capacity from three million tonnes to eight million tonnes per annum. The expansion involved an investment of Rs 270 billion, reinforcing Odisha as Tata Steel鈥檚 largest investment destination.

Unveiled by the Hon鈥檅le Chief Minister of Odisha, the plant now features India鈥檚 largest blast furnace with a volume of 5,870 cubic metres, equipped with four top combustion stoves and two preheating stoves for optimal fuel use. The facility also includes a Pellet Plant, Coke Plant, and Cold Rolling Mill, integrating advanced and sustainable technologies.

This modernised unit supports key sectors such as automotive, defence, infrastructure, and energy, aligning with India鈥檚 Atmanirbhar Bharat (Self-Reliant India) vision. The Harmony between state leadership, local communities, and Tata Steel underscores the company鈥檚 commitment to inclusive, technology-driven growth.

With this milestone, Tata Steel reaffirms its goal to be a leader in sustainable and digital steelmaking, strengthening its footprint in India鈥檚 industrial ecosystem.

Source:Press release issued by Tata Steel Limited

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..