ArcelorMittal Nippon Steel India (AM/NS India) has begun acquiring land in Anakapalli district, Andhra Pradesh, for its integrated steel plant in Rajayapeta. The project, with an initial capacity of 7.3 MTPA, aligns with India’s goal of reaching 300 MTPA crude steel capacity by 2030 and supports the Atmanirbhar Bharat initiative by strengthening domestic manufacturing.
The investment in Andhra Pradesh deepens and broadens AM/NS India’s presence in Indian steelmaking and brings them closer to Viksit Bharat. The Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu, welcomed the investment and expressed commitment to providing all requisite support to ensure its success. The move also highlights the government’s
ArcelorMittal Nippon Steel India (AM/NS India) has commenced the acquisition of land in Andhra Pradesh’s Anakapalli district for a proposed integrated steel plant in Rajayapeta. The initial payment has been made, and possession is expected soon, paving the way for the greenfield project’s development contributing to India’s long-term steel manufacturing ambitions.
Project Overview
The planned facility will have an initial capacity of 7.3 million tonnes per annum Hazira plant in Gujarat from 9 MTPA to 15 MTPA contributing to India’s goal of achieving 300 MTPA crude steel capacity by 2030. The plant will be situated on approximately 2,200 acres (890 hectares) of land. commitment to ease of doing business and facilitating AM/NS’s entry into the state.
Strategic Significance
This initiative aligns with AM/NS India’s strategy to expand its footprint in the Indian steel market, which is anticipated to grow due to economic and population substantial employment opportunities and foster socio-economic development in the region increases The project is expected to create Chairman of AM/NS India and CEO of ArcelorMittal, emphasized the project’s role.
Statements from Leadership
Lakshmi Mittal, Executive Chairman of ArcelorMittal, stated, “This investment in Andhra Pradesh deepens and broadens our presence in Indian steelmaking and plant in Odisha. These efforts reflect the company’s commitment to meeting India’s takes us all closer to Viksit Bharat.” Aditya Mittal growing steel demand and supporting the nation’s industrial development.
Future Prospects
AM/NS India is also expanding its and plans to establish another integrated steel ArcelorMittal Nippon Steel India (AM/NS India) has acquired land in Andhra Pradesh’s Anakapalli district for its proposed integrated steel plant at Rajayapeta. The project marks a significant investment in India’s steel sector, aligning with the country’s ambition to achieve 300 million tonnes per annum (MTPA) of crude steel capacity by 2030.
Project Overview
The upcoming steel plant will have an initial capacity of 7.3 MTPA, with future expansion possibilities. It will be built on 2,200 acres (890 hectares) of land. The Andhra Pradesh government has been actively supporting the project, ensuring a smooth land acquisition process.
The steel facility is expected to boost industrial growth, create thousands of direct and indirect jobs, and strengthen India’s position in the global steel market. AM/NS India has committed to leveraging its advanced technology and sustainable production methods to ensure efficiency and minimal environmental impact.
Strategic Importance
- The project reinforces AM/NS India’s expansion beyond its existing operations in Hazira, Gujarat, which is also being upgraded from 9 MTPA to 15 MTPA.
- It strengthens India’s steel manufacturing capabilities, catering to domestic infrastructure, automotive, and construction industries Andhra Pradesh, with its port connectivity and industrial ecosystem, offers an ideal location for large-scale manufacturing.
Leadership Statements
Lakshmi Mittal, Executive of ArcelorMittal, highlighted that the investment expands and contributes to India’s long-term steelmaking goals. Aditya Mittal, Chairman of AM/NS India, emphasized the role of this plant in accelerating industrial and economic growth in the region.
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