Tata Steel to invest £800m in Wales

Hundreds of millions of pounds is to be invested in the Welsh steel industry over the next five years. The first minister of Wales returned from a trade mission to India and announced that steel giant Tata plans to invest £800m in Wales. Carwyn Jones met the vice chairman of Tata Steel, Mr B Muthuraman, in Mumbai, as part of the Welsh government’s trade mission. They discussed the company’s forward investment strategy for Wales as well as the Welsh government's continuing partnership with Tata, which has plants across Wales, including Port Talbot and Shotton. Mr Jones said: "I was delighted to meet Mr Muthuraman and to reaffirm personally the Welsh government's continuing commitment to partnership with Tata Steel.