Tata Steel's Managing Director and CEO TV Narendran, in an interaction with Moneycontrol on November 13 said that the steel industry in India, including his firm, remains capable of manufacturing products with strategic or national security-related importance, such as railway wheelsets.
However, with just one major customer- the Union government -- any change in their plans may put the viability for making such products in doubt, he said.
The Vande Bharat demand
Continuous supply of railway wheels has become crucial for the Indian Railways, which is planning to expand the network of its flagship Vande Bharat Express service on both daytime intercity and overnight routes.
It also plans to increase production of coaches, engines, and trainsets for both passenger and freight utilisatio

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