Tata Steel to acquire majority stake in Thriveni Pellets to boost raw material supply chain

In a strategic leap forward, Tata Steel is gearing up to take the reins of a majority share in Thriveni Pellets. This acquisition is poised to strengthen Tata Steel’s supply chain, particularly in the vital realm of raw materials. Situated in Odisha, a hub for iron ore production, Thriveni Pellets operates a substantial pellet manufacturing facility.

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