Strategic Objectives

Tata Steel’s long-term strategy seamlessly integrates its vision, mission, and values with a deep understanding of evolving internal and external dynamics. A structured 10-year roadmap cascades into the 5-year strategic plan which guides the annual business plan.

Strategic Objectives

Key Focus Areas

KPIs

Goals

Key Focus Areas	KPIs	Goals
Leadership in India
Increase capacity of the India operations through organic and inorganic growth	Crude steel capacity	Aspire to achieve 35-40 MT capacity in India
Attain and retain leadership position in chosen segments (current and new)	Market share	Enter new segments and sustain #1 position in existing chosen segments

Key Focus Areas	KPIs	Goals
Consolidate position as global cost leader
Continue to invest in raw material security	Captive coal (%) Captive iron ore (%)	Maintain cost leadership at market price of raw materials
Cost improvement and value enhancement through structural interventions in operations, fixed cost reduction and Shikhar25 continuous improvement programmes	Value accrual	Cost reduction and value enhancement

Key Focus Areas	KPIs	Goals
Attain leadership position in adjacent businesses
New Materials Business Services and Solutions Monetisation of intellectual property	Revenues	Increase revenue from adjacent businesses

Key Focus Areas	KPIs	Goals
Leadership in sustainability
Benchmark in Co2 emissions	CO2 emission intensity	Net Zero by 2045
Benchmark in specific water consumption	Specific freshwater consumption	<1.5 m3/tcs by 2030 in India
Value creation using Circular Economy business models	Capacity of Steel Recycling Business (SRB)	3 MTPA by 2030

Strategic Enablers

Best place to work in manufacturing in India

Among top technology-driven steelmaking companies globally

Digital leader in steel industry globally

Foster a culture which makes Tata Steel future-ready