Tata Steel is progressing towards its long-term target of building 40 million tonne per annum (MTPA) of steelmaking capacity, with recent and planned expansions expected to strengthen its manufacturing footprint across India. The steelmaker also expects to turn Ebitda and PAT positive in its UK operations by FY29. Addressing shareholders at the company’s annual general meeting (AGM) on Thursday, Chairman N Chandrasekaran said the commissioning of the Phase II expansion at Kalinganagar has taken Tata Steel’s total installed capacity to 26.1 MTPA, while expanding the Odisha plant’s capacity from 3 MTPA to 8 MTPA. The company is also expanding downstream capacities in tubes, tinplate and wires, along with the planned expansion of NINL (Neelachal Ispat Nigam) and the recently inaugurated 0.75 MTPA electric arc furnace (EAF) in Ludhiana.