New Delhi, Jan 10 (SocialNews.XYZ) Lakshmi Mittal, Chairman of ArcelorMittal, said the Hazira site of AM/NS India will be one of the world's largest single-location integrated steel plants with a total capacity of 24 MTPA of crude steel production.
“We are fully confident that with the support of the Gujarat government, we will be able to commission this full site in the next five years. We continue to invest not only in steel but also in emerging sectors like renewable energy and green hydrogen,” Mittal said at the Vibrant Gujarat Summit 2024 in Ahmedabad.
“Steel is one of the primary contributors to any nation’s journey towards self-reliance. At the heart of Atmanirbharta, is steel which supports a range of applications across sectors such as infrastructure, urbanisation, renewables, automotive including electric vehicles, defence, and railways.
"By bringing the best of global technology, we are developing high end products which helps steel consumers across MSMEs to start-ups to become competitive.
“At this Vibrant Gujarat Global Summit 2024, we have signed MoUs for phase 2 of the project. I am proud to say that this expansion project is progressing rapidly and as per target, its Phase 1 will be completed by 2026," he added.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
