3/27/2023 0 Comments Www amsn comGoing forward, there are plans for big investment,” he said. We will be investing Rs 60,000 crore and that is just for this phase. “The new incentive scheme of the Gujarat government will lend support to our project. Mittal, who spoke after Aditya, said there would be 60,000 jobs - direct and indirect - created from this project. The focus would be on segments such as automotive, transportation and renewables harnessing the power of ArcelorMittal and Nippon Steel’s R&D capabilities on a global basis, he said. The focus of the company would be to expand the specialty steel portfolio, Mittal said. He offered a glimpse of the products the steel mill would churn: the bullet train that will run from Mumbai to Ahmedabad will have a high quality steel from AMNS India. “We are going to make products in India that have never been made in the country,” Mittal said. He later claimed AMNS will bring steelmaking technology that did not exist in India but did not elaborate further. He was with his wife Megha, mother Usha and his two daughters. We have invested almost Rs 90,000 crore and have made tremendous progress across many dimensions ensuring the facility is world class operating safely at full capacity and producing even more quality products,” Aditya Mittal said. “I can remember very clearly the moment when we acquired this incredible facility nearly three years ago. Senior officials of Nippon Steel joined the event virtually from Japan. Prime Minister Narendra Modi attended the bhumi pujan ceremony at Hazira virtually in the presence of ArcelorMittal chairman Lakshmi Niwas Mittal, his son Aditya, who is the chairman of AMNS India and CEO of ArcelorMittal, and poll-bound Gujarat chief minister Bhupendra Patel.
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