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International Operations
Tata NYK
- Tata Steel has entered into a joint venture agreement with
Nippon Yusen Kabushiki Kaisha (NYK Line) for setting up a
shipping company to cater to dry bulk and break bulk cargo.
Each promoter will hold a 50% stake in the joint venture
company.
- This joint venture is in keeping with Tata Steel’s growth
plans. It will help address the company’s growing need for transportation of large quantities of raw materials and
finished steel.

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