Business News›Industry›Ind'l Goods/Svs›Naidu lays foundation for ₹1.36 lakh crore ArcelorMittal and Nippon Steel India plant in Andhra
Naidu lays foundation for ₹1.36 lakh crore ArcelorMittal and Nippon Steel India plant in Andhra
Andhra Pradesh CM N Chandrababu Naidu has laid the foundation for a ₹1.36 lakh crore ArcelorMittal and Nippon Steel India plant in Anakapalli. The 17.8 MTPA project will be built in two phases and generate around 1 lakh jobs. A captive port is also planned, positioning the region as a key steel and logistics hub.
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