The Telegraph reported that Indian pig iron major TATA Metaliks Limited has decided to diversify into castings.

Mr HM Nerurkar chairman of TATA Metaliks said that the plants are expected to come up at Kharagpur in Bengal and Redi in Maharashtra but the size of the foundries and the possible investment in the venture will be known after the plan is conceived.

Mr Harsh K Jha MD of TATA Metaliks added that “We hope to sell to auto components and engineering sectors.”

TATA Steel had a large foundry operation but it was subsequently closed down and the people employed there could be brought in for their experience.