ArcelorMittal Nippon Steel breaks ground on $8.4B steel plant in Andhra Pradesh, India

ArcelorMittal Nippon Steel India broke ground on a new greenfield steel plant in Anakapalli, Andhra Pradesh, with an investment of over Rs 70,000 crore (approximately $8.4 billion). The 8.2 million-tonne facility is expected to begin operations by early 2029.

“For last two decades, we had a vision to build a greenfield steel plant in India.”timesofindia.indiatimes.com

• 1 source
• timesofindia.indiatimes.comArcelor-Nippon to pump Rs 70k cr in Andhra plant - The Times of IndiaReeba ZachariahMar 23, 2026

Summarized from public sources; check the original articles before acting on it.