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Fresh capital outlay of Rs 20k-cr for infra at AMNS's Gujarat steel plant

ArcelorMittal chairman L N Mittal shares steel plant progress with Gujarat chief minister Vijay Rupani

steel, exports
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The infrastructure will include land availability around existing operations, captive port, railway connectivity and incentive structure for mega investments

Vinay Umarji Ahmedabad
Having acquired Essar's steel plant in the state and now expanding capacity, ArcelorMittal's AMNS has now set aside a capital outlay of over Rs 20000 crore for enabling infrastructure, the company told Gujarat government on Thursday.
In a virtual meeting with Gujarat chief minister Vijay Rupani, ArcelorMittal chairman and CEO L N Mittal shared the group's progress with the large steel manufacturing facility in the state.
 
After a long battle in the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) leading upto Supreme Court (SC), ArcelorMittal's AMNS had acquired the plant from Essar Steel. Following an SC

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