Team Blitz India
NEW DELHI: ArcelorMittal Chairman Lakshmi announced that ArcelorMittal Nippon Steel India (AM/NS India) is building the world’s largest single location integrated steel plant at Gujarat’s Hazira.
Mittal, the executive chairman of global steel major ArcelorMittal which operates the JV in India with Japan’s Nippon, said the plant will have a capacity of producing 24 million tonne of crude steel, and should be ready by 2029.
Speaking at the 10th Vibrant Gujarat Global Summit in Gandhinagar, Mittal said the company has signed an agreement for the second phase of the plant with the Gujarat government at the event.
Reflecting on his visit in September the previous year, he shared insights into Prime Minister Modi’s visionary theme for the summit, ‘One Earth, One Family, and One Future,’ predicting that it would significantly elevate India ‘s pride on the global stage.
“I had come here in September last year for Vibrant Gujarat.PM Modi then briefed us on how this mega-global event has institutionalized structure on the basis of ideas, imagination, and process continuity. The PM had then said that India’s pride will increase with the theme of ‘One Earth, One Family, and One Future’,” Mittal remarked.