We need to first give priority to some other important issues such as affirmative action, skill development, growth of manufacturing and getting the mega projects off the ground, says Muthuraman.
"Yes, we will continue to hold on to our stake," Tata Steel's Vice-Chairman B Muthuraman told reporters on the sidelines of an industry event in New Delhi.
Tata Steel Vice-Chairman B Muthuraman has asked a member of British Parliament not to be "over-critical" about the company's strategy in dealing with problems in Corus.
Coal behemoth CIL on Monday came out in support of the government proposal that miners share 26 per cent of profits with local people affected by their projects, while Tata Steel toned down its stance on the issue.
Per capita consumption of steel in India is 49 kg, against the world average of 182 kg.
On Mody's death, Tata on Friday said, "Russi Mody was an institution at Tata Steel. Under his leadership, the company grew significantly and he instituted many human resource initiatives.
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