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AMNS India Begins Land Acquisition for New Steel Plant in Andhra Pradesh

by sthv

AMNS India has started the land acquisition process for its upcoming steel manufacturing plant in Andhra Pradesh. The company has made the initial payment, and the land is expected to be handed over soon. This move marks the beginning of a significant greenfield project in the region. The plant will be located in Anakapalli district, specifically in Rajayapeta, and will initially have a production capacity of 7.3 million tonnes per annum (MTPA).

Although AMNS India has not revealed the total investment or final production capacity for the plant, this step is a key part of the company’s growth strategy. Lakshmi Mittal, Executive Chairman of ArcelorMittal, noted that this investment will boost the company’s footprint in India’s steel sector. It also supports the nation’s vision of becoming a developed country, or “Viksit Bharat.” Aditya Mittal, Chairman of AMNS India and CEO of ArcelorMittal, emphasized that the project will play a pivotal role in creating jobs and driving long-term economic development in the local community and across India.

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AMNS India, a joint venture between ArcelorMittal and Nippon Steel, is a leading steel producer in India. Based in Hazira, Gujarat, the company combines ArcelorMittal’s global expertise with Nippon Steel’s advanced technology to provide high-quality steel products for various industries, including automotive, construction, and infrastructure. With a crude steel production capacity of 9 MTPA, AMNS India plays a vital role in India’s industrial growth, particularly in the manufacturing and construction sectors. The company is committed to sustainability, innovation, and operational efficiency, which helps meet India’s growing steel demand while minimizing its environmental impact.

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AMNS India is also expanding its operations with significant new investments. The establishment of the steel plant in Andhra Pradesh is one of the most important initiatives, and once completed, it will further solidify AMNS India’s leadership in India’s steel industry. The company’s focus on technological progress, job creation, and supporting India’s manufacturing ambitions aligns with the country’s vision of becoming self-reliant and industrially advanced. As it continues to grow, AMNS India remains dedicated to delivering high-quality steel products while contributing to economic growth and social progress.

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