Monday, January 6, 2020

Can't keep funding losses at UK's steel plant: Tata Group chairman N Chandrasekaran

Tata Group chairman N Chandrasekaran said the steel conglomerate cannot have a situation where India keeps funding the mounting losses at its struggling Port Talbot steelworks in the UK. He emphasised that the Port Talbot steelworks in Wales, one of the largest in Europe, needed to be "self-sustaining" in an interview with the Sunday Times.

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