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28 Jan
07:11

AMNS India, Gujarat ink steel capacity expansion pact

AMNS India has signed a memorandum of understanding (MOU) with the Gujarat government on 27 January. The former aims to invest INR 166,000 crore ($22.14 billion) in the state to develop and expand its existing steel projects, Kallanish notes. “Government of Gujarat and ArcelorMittal Nippon Steel India Ltd. in Gandhinagar under VGGS2022 in the presence of Chief Minister Shri Bhupendra Patel [signed] MoUs for [the] proposed investments of INR 1.66 lakh crore i…
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