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