Tata Chemicals case: Shifting landscape for foreign capital

Tata Chemicals Magadi plant

Tata Chemicals Magadi plant.

Photo credit: File | Nation

President William Ruto ordered Tata Chemicals, soda ash producer, to cease operations after 114 years of operation. This came a month after the Mining CS suspended its licence.

A new investor will take over, on condition they build the local processing plants Tata supposedly never did. Tata had applied to expand its concession by 127 square kilometres barely a year earlier, which is not the posture of a company that saw this coming.

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