Home / Markets / Commodities / Odisha on radar for the Rs 150-bn SAIL-ArcelorMittal auto grade steel JV

Odisha on radar for the Rs 150-bn SAIL-ArcelorMittal auto grade steel JV

The proposed JV plant will construct world-class facilities for manufacturing automotive steel that will offer technologically advanced steel products for India's rapidly growing automotive sector

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Last Updated : May 24 2018 | 1:31 AM IST

Odisha, home to steel manufacturing units owned by Tatas, Jindals and others, is being considered as one of the potential locations for an automotive grade steel plant proposed jointly by ArcelorMittal and Steel Authority of India Ltd (SAIL).

SAIL has written to Odisha industries secretary Sanjeev Chopra, evincing interest to locate the auto grade steel facility in the state.

"The decision of site selection for the proposed unit would be taken based on the advice of relevant experts, and after conducting due diligence taking into account the location, availability of manufacturing inputs, infrastructure and facilities as well as incentives and

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