Mumbai/ Amaravati, March 28, 2025: ArcelorMittal Nippon Steel India (AM/NS India) today
announced the beginning of the acquisition of a land parcel in Anakapalli district, Andhra Pradesh, as
part of its plans to set up a state-of-the-art integrated steel plant in Rajayapeta. The initial payment
for acquiring the land has been made, and possession is expected soon, paving the way for the
company to commence work on the greenfield project.
With proposed initial capacity of 7.3 MTPA, the project reinforces AM/NS India’s commitment to
contributing to India’s national ambition to reach 300 MTPA crude steel capacity by 2030 and
strengthening domestic manufacturing in line with the ‘Atmanirbhar Bharat’ initiative.
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 all at AM/NS India, and Andhra Pradesh; together we hope to make a
meaningful addition to India's growing stature as a pre-eminent 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.”
Chairman of the task force for generating 20 Lakh jobs in AP & Hon’ble Minister of IT & HRD Shri
Nara Lokesh welcomed the move and reiterated commitment of Government of Andhra Pradesh to
speed of doing business and facilitating AM/NS’s entry into the state of Andhra Pradesh.
Mr. Takahiro Mori, Representative Director, Vice Chairman and Executive Vice President, Nippon
Steel and Member, Board of Directors, ArcelorMittal Nippon Steel India, said: “AM/NS India’s
proposed plant in Andhra Pradesh illustrates our unstinting 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 realising this project in a responsible way that
strengthens the local economy and elevates India as a significant global steel manufacturing hub.”
AM/NS India is continuously pursuing growth opportunities nationwide, deepening its footprint and
driving infrastructure development for the country. Its expansion to 15 MTPA from the current 9
MTPA at its flagship plant in Hazira, Gujarat, is progressing well. In Odisha where the company
already has a significant presence, plans are underway to set up an integrated steel plant.