New Delhi, Oct. 6 -- Tata Steel Ltd's ambitious plan to boost steelmaking is facing scepticism, as execution roadmaps beyond its immediate pipeline remain unclear. At the close of FY25, Tata Steel's local capacity stood at just 26.6 mtpa, far from the target of 40 mtpa by FY30 that chairman N. Chandrasekaran set in July 2024.

Apart from the two expansion projects already announced for Kalinganagar and subsidiary Neelachal Ispat Nigam Ltd (NNL), the company's road to 40 mtpa remains unclear, analysts said.

The main goal is to ramp up Kalinganagar to full capacity utilization of 8 mtpa by the end of 2025. This is a critical step, as the expansion helps Tata Steel serve demand in the near term. The other is to scale up NINL. While its expa...