Tata Steel targeting Rs 11,500-crore 'cost takeouts' across geographies: CFO

Tata Steel is targeting significant cost reductions of Rs 11,500 crore across its global operations, focusing on controllable costs to enhance profitability. The company aims to achieve these savings through operational efficiencies, supply chain optimization, and fixed cost reductions in India, the UK, and the Netherlands, while also investing in green steel initiatives and capacity expansion.