Tata Steel CEO TV Narendran Says India Must Build Global Competitiveness
· Business · Moneycontrol
Tata Steel CEO TV Narendran stated that India has captured the world's attention and must now focus on building genuine economic and industrial competitiveness. Speaking at an industry event, he noted that global supply chains are actively looking for alternatives and India is well-positioned to benefit from this shift. However, he emphasized that domestic industries need to enhance their manufacturing capabilities, infrastructure, and efficiency to sustain this momentum. Narendran highlighted that Indian companies must innovate and scale up to compete effectively on the international stage. The Steel Ministry and industry leaders continue to monitor raw material costs and global trade pressures.
Why it matters
The assessment directly impacts Indian manufacturing firms, industrial supply chains, and domestic steel producers looking to capture a larger share of global export markets.
Read the original report — Moneycontrol
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