AM/NS India Acquires Land for Steel Plant in Andhra Pradesh

ArcelorMittal Nippon Steel India (AM/NS India) has begun acquiring land in Anakapalli district, Andhra Pradesh, for its integrated steel plant in Rajayapeta. The initial payment has been made, and possession is expected soon, allowing work on the greenfield project to commence.

With an initial capacity of 7.3 MTPA, the project aligns with India's goal of reaching 300 MTPA crude steel capacity by 2030 and supports the Atmanirbhar Bharat initiative by strengthening domestic manufacturing.

Hon'ble Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu, said, "We welcome ArcelorMittal Nippon Steel India to Andhra Pradesh and are committed to providing all requisite support to ensure its success. This mega steel plant will not only create substantial employment opportunities but also foster socio-economic development for the communities and beyond. This project aligns with our vision of transforming Andhra Pradesh into a leading industrial hub.”

Mr. Lakshmi Mittal, Executive Chairman, ArcelorMittal, said, “This investment in Andhra Pradesh deepens and broadens our presence in Indian steelmaking and takes us all closer to Viksit Bharat. This is a proud moment for everyone at AM/NS India and Andhra Pradesh; together, we hope to make a meaningful addition to India's growing stature as a preeminent force in global manufacturing.”

Mr. Aditya Mittal, Chairman, ArcelorMittal Nippon Steel India, and CEO, ArcelorMittal, said, “Our investment today is the first step in an exciting plan to build a world-class steel plant in Andhra Pradesh that strengthens our contribution to India’s long-term steel manufacturing ambitions. We thank the Government of Andhra Pradesh for its steadfast leadership and shared commitment to a project that will create jobs and sustainable economic and societal value for local communities, the state, and India.”

The Chairman of the task force for generating 20 lakh jobs in Andhra Pradesh and Hon’ble Minister of IT & HRD, Shri Nara Lokesh, welcomed the move and reiterated the Government of Andhra Pradesh’s commitment to ease of doing business and facilitating AM/NS’s entry into the state.

Mr. Takahiro Mori, Representative Director, Vice Chairman, and Executive Vice President, Nippon Steel, and Member of the Board of Directors, ArcelorMittal Nippon Steel India, said, “AM/NS India’s proposed plant in Andhra Pradesh illustrates our unwavering ambition to grow Indian steelmaking capacity to support the country’s development. We are grateful to the Government of Andhra Pradesh for its support and commit ourselves to realizing this project responsibly, strengthening the local economy, and elevating India as a significant global steel manufacturing hub.”