The company also intends to invest $2.5 billion in its Singapore unit to strengthen its European operations.

Indian steel company Tata Steel has planned capital expenditures of about $1.76 billion for the 2025-26 fiscal year for its operations in India, the United Kingdom and the Netherlands, Manufacturing Today reports.

About $1.29 billion will be spent on projects in India, including the expansion of the Kalinganagar plant and the construction of a new electric arc furnace in Ludhiana, $223 million on British operations, and the remaining amount is intended for the Netherlands division.

Tata Steel also intends to invest $2.5 billion in its Singapore-based T Steel Holdings to strengthen its European operations and manage debt repayments, The Economic Times reports. This significant capital injection will support the transformation of Tata Steel’s UK and Dutch units, which are adapting to regulatory changes and decarbonization efforts by switching to EAF.