Tata Steel to launch new plant in Punjab in March

Metallurgical company Tata Steel will launch a new plant in Ludhiana (Punjab state) in March this year. This was announced by Punjab Chief Minister Bhagwant Singh Mann, according to The Economic Times.

The facility is the company’s second-largest plant in India and its largest investment in the region. It will use electric arc furnace technology with a capacity of 0.75 million tons per year, as well as a rolling mill that will produce rebar.

The plant will use 100% scrap as raw material and will employ an environmentally friendly production process. The total cost of the project (after the second phase of the EAF expansion) is over $350 million, and it will create jobs for approximately 2,500 people.

It should be recalled that Tata Steel and the Jharkhand state government signed a letter of intent and a memorandum of understanding at the World Economic Forum in Davos to invest more than INR 11.1 billion ($1.2 billion) in the latest green steel technologies in the region.

As reported by GMK Center, Tata Steel increased steel production at its plants in India by 11.4% year-on-year to 6.34 million tons in the third quarter of fiscal year 2025/2026 (October-December 2025). Consolidated steel output for the period increased by almost 8% y-o-y, to 8.39 million tons. In October-December, domestic shipments of steel products amounted to 6.04 million tons (+14% y-o-y), while consolidated shipments amounted to 8.21 million tons (+6.3% y-o-y).