Tata Group to Invest Rs 11,000 Crore in Jharkhand for Advanced Steel and Hydrogen Trucks
2 hours agoBusiness
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Tata Group to Invest Rs 11,000 Crore in Jharkhand for Advanced Steel and Hydrogen Trucks

Tata Group announced a Rs 11,000 crore investment in Jharkhand to develop advanced green steel technology at its Jamshedpur facility, aiming to enhance steel production efficiency and reduce carbon emissions. Tata Motors will also invest in hydrogen truck manufacturing at the same site, highlighting strategic importance for domestic and global markets. The group plans to form an expert panel to explore further investments across sectors, including hospitality and CSR expansion, following discussions with Chief Minister Hemant Soren.

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