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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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