New UK govt examining our proposal, promised to come back soon: Narendran

We have highlighted to them our financial situation given the way things are in Europe, and we have been promised that they will come back soon

T V Narendran, MD & CEO, Tata Steel

T V Narendran, MD & CEO, Tata Steel

Ishita Ayan Dutt
Tata Steel has been in discussions with the UK government during the last two years for financial support to transition into a greener steel company, with some of the assets coming to their end of life in a couple of years. Managing director (MD) and chief executive officer (CEO) T V Narendran tells Ishita Ayan Dutt that the new government is engaging with the proposal and has promised to come back in the next few weeks. Edited excerpts:

Export duty has been removed. What impact will it have on Tata Steel?

It will help; the sentiment becomes a bit more positive. And it gives an option, in case the domestic market does not keep growing. Earlier, that option was costing

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First Published: Dec 02 2022 | 8:34 PM IST

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