ArcelorMittal executive chairman Lakshmi N Mittal on Wednesday expressed confidence that AMNS India's Hazira project, which is under expansion, will be commissioned by 2026. In October last year, ArcelorMittal's arm AMNS India had stated that it will invest Rs 60,000 crore to scale up capacity of its steel plant at Hazira to 15 million tonnes (MT). "We have full confidence that with the cooperation of the Centre and Gujarat government, we will be able to commission the project by 2026, Mittal said here while speaking at the celebrations of 20 years of 'Vibrant Gujarat' summit. Hazira expansion project is moving at a fast pace and over 20,000 people are involved in the project construction, he said. "It is our target to double our production capacity in the first phase and then triple...we will also make advance products for technology," he said, adding it would help India reduce imports and become self-reliant. The company is also committed for sustainability, he said. He also sa
The ownership of port assets had been in courts since 2020 after AM/NS India moved the Gujarat High Court
ArcelorMittal and Nippon Steel joint venture has announced that it was in the process of investing Rs 273 crore for zero liquid discharge, other environmental initiatives at its Hazira steel complex
Nitin Shukla, the current MD and CEO will superannuate on September 30 after 15 years of service