Metal Storm Tata Steel could be in for bumper profits, riding on the huge, sustained pick-up expected in consumption over the long term. Why, then, isn't Managing Director B. Muthuraman smiling from ear to ear?

B. Muthuraman spends most of his time in Mumbai these days (when he isn't travelling, that is). It's only recently that the Managing Director of Tata Steel relocated to the third floor corner-room of Bombay House, the headquarters of the Tata group, from Jamshedpur, the manufacturing hub of the Rs 15,000-crore steel giant.

The few days that he has been in the country's financial capital have provided Muthuraman plenty of opportunities to witness first-hand the infrastructure build-up taking place in this Shanghai wannabe and- what else-the increased usage of steel in such development. ...

Read the rest of this article with a Free Trial at HighBeam Research.