Koushik Chatterjee, Group Executive Director (Finance and Corporate), Tata Steel
Efforts on to make steel major leaner and profitable
Mumbai, March 30:
Restructuring and improving cost competitiveness in Tata Steel is an ongoing process and is not restricted to Europe or business that is suffering, said Koushik Chatterjee, Group Executive Director (Finance and Corporate), Tata Steel.
From mid-90s, Tata Steel Indian operations have gone through massive restructuring which is not visible at this point of time.
There was a time when Tata Steel used to have 80,000 people for a three-million-tonne steel production capacity but today it employs 25,000-20,000 people for 13 million tonne product…