# 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.

- Type: New facility
- Announced: 2026-03-23
- Where: Anakapalli, Andhra Pradesh, India, India
- Value: $8.40B (7000.0B INR)
- Starts operating: 2029
- Status: under construction
- Capacity: 8.2 million tonnes per year
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal Nippon Steel India](https://endata.com/companies/52901.md)
- [ArcelorMittal](https://endata.com/companies/292.md) (investor)
- [Nippon Steel](https://endata.com/companies/7455.md) (investor)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/arcelor-nippon-to-pump-rs-70k-cr-in-andhra-plant/articleshow/129762240.cms), 2026-03-23: "For last two decades, we had a vision to build a greenfield steel plant in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.