Strategic Objectives
Our strategic objectives ensure alignment of our business goals with our Vision and Values. ESG principles are integrated with all aspects of our business.
Our building blocks
Strategy Roadmap 2030
At Tata Steel, we aspire to be future-ready structurally, financially and culturally, in our pursuit to be the most valuable and respected steel company in the world. Following are the strategic objectives that Tata Steel aims to achieve across geographies:
Strategic Objectives
Focus Areas
KPIs
Goals
Increase capacity of India operations through organic and inorganic growth
Crude steel capacity
40 MnTPA
capacity by 2030
Attain and retain leadership position in chosen segments (current and new)
Market share
Enter new segments and sustain #1 position in existing chosen segments
Continue to invest in raw material security
Captive coal (%)
Captive iron ore (%)
Maintain cost leadership at market price of raw materials
Cost improvement and value enhancement through structural interventions in India and International operations and Shikhar25 continuous improvement programmes
Value accrual
Cost reduction and value enhancement
− New Materials Business
− Services and Solutions
− Commercial mining
Revenues
Enhance revenue from adjacent businesses
Benchmark in CO2 emissions
CO2 emission
intensity: tCO2/tcs*
Net Zero by 2045
Benchmark in specific water consumption
Specific freshwater
consumption: m3/tcs*
<1.5 m3/tcs specific freshwater consumption by 2030 in India
Value creation using Circular Economy business models
Capacity of Steel
Recycling Business
(SRB): MnTPA
Value created from
Industrial By-products
Management Division
(IBMD) business
>5 MnTPA capacity of Steel Recycling Business by 2030
Increase EBITDA of
by-products business by
2.4 times by 2030
(over 2020)
*tonne of crude steel
Strategic Enablers