“Do you think the Tatas propose to make steel rails to British specifications? I will eat every pound of steel rail they succeed in making!”
-Sir Frederick Upcott, Chief Commissioner, Indian Railway Board (British India)
During 1914-1940 Tata Steel supplied 3,00,000 tonnes of steel to the British for the two world wars. 1500 miles of rails manufactured from it!
The story of steel is very interesting , but in recent times like every other industries,steel making also has changed and so has #tatasteel. I recommend watching a 20 min video capturing
🚀 Three Trends in Tata Steel
-Decarbonisation
-Operating Leverage
-Technology bets
🚀 Market Analysis
🚀 Financial Analysis
🚀 Investment Thesis