Showing posts with label Arcelor Mittal Orissa Jharkhand Chennai India. Show all posts
Showing posts with label Arcelor Mittal Orissa Jharkhand Chennai India. Show all posts

16.6.08

Arcelor Mittal's India plans

Arcelor Mittal, the world’s largest steel maker, is “very bullish” about India and is committed to invest nearly $25 billion in the country. Besides investing $10 billion each in Orissa and Jharkhand on 12 million tonnes Green Field Steel Project each, the company proposes to have more customer-oriented projects such as Service Centres in the country. Arcelor Mittal is also working in joint venture in Chennai in stainless steel, mainly for the automotive sector.