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<div><span style="font-size:18px;">Domestic steel giant Tata Steel has expressed interest in setting up a scrap-based steel manufacturing unit in Punjab. If all goes well and the company is able to get 100 acres in auction in Ludhiana, the state will be able to get an investment of Rs 1500 crore.</span></div><div><br/></div><div style="text-align: justify;"><span style="font-size:18px;">
All eyes are now on action of land by (Punjab Small Industries and Export Corporation) PSIEC that would be held on June 10. If Tata Steel is able to bid for 100 acres, which they require for setting up a plant, the steel giant would set up the plant in Ludhiana.</span></div><div style="text-align: justify;"><span style="font-size:18px;"><br/></span></div><div style="text-align: justify;"><span style="font-size: 18px;">Also Read :&nbsp;</span><span style="font-size:18px;">Ludhiana: Rs 9.60 lakh fine charged in 20 cases of electricity theft</span><span style="color: rgb(74, 74, 74); font-family: -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen, Ubuntu, Cantarell, &quot;Fira Sans&quot;, &quot;Droid Sans&quot;, &quot;Helvetica Neue&quot;, Arial, sans-serif; font-size: 1.5rem; letter-spacing: 0.06rem;"></span></div><div style="text-align: justify;"><span style="font-size: 18px;"><br/></span></div><span style="font-size:18px;">
Sources said that the company would use scrap as raw material imported from various countries. Mandi Gobindgarh in Punjab is the steel city of the state, already manufacturing steel from scrap imported from various countries.</span><div style="text-align: justify;"><span style="color: rgb(0, 0, 0); font-size: 17px;"><font face="Arial Black"></font></span><span style="font-size:18px;"><br/></span></div><div><span style="font-size:18px;"><br/></span></div><div><span style="font-size:18px;"><br/></span></div>

Currently, Tata Steel's consolidated India crude steel production capacity stands at 19.6 MnTPA with manufacturing facilities in Jamshedpur in Jharkhand, Kalinganagar and Dhenkanal in Odisha, Sahibabad in Uttar Pradesh and Khopoli in Maharashtra.

Tata Steel shows intrest in Punjab, Aims for Manufacturing Unit in Ludhiana

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Tata Steel shows intrest in Punjab, Aims for Manufacturing Unit in Ludhiana

Currently, Tata Steel's consolidated India crude steel production capacity stands at 19.6 MnTPA with manufacturing facilities in Jamshedpur in Jharkhand, Kalinganagar and Dhenkanal in Odisha, Sahibabad in Uttar Pradesh and Khopoli in Maharashtra.

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