Home Business Tata Steel’s capital expenditure may increase to Rs 9000-cr in FY20

Tata Steel’s capital expenditure may increase to Rs 9000-cr in FY20

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(G.N.S) Dt. 16 Kolkata Tata Steel Limited expects its capital expenditure to grow to Rs 9,000 crore during the current financial year. Company sources said that for the next financial year, the company will take a cautious approach towards capital allocation. Tata Steel had earlier said that it would increase the group’s capital expenditure from Rs 8000 crore to Rs 12,000 crore for 2019-20. The company spent around Rs 2,777

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