Can alter output target: Tata Steel CEO on 15% export tax on steel

Tata Steel CEO TV Narendran told Reuters that if the 15% export tax on some steel products remains in place for a long time, the company might have to review its production targets. "You will only build as much capacity as you need for the domestic market," Narendran stated. He added that in the medium-to-long term, India should "encourage" exports.