Tatasteel Tata

100th Annual Report 2006-2007
 
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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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