# AM/NS India to invest $5B to boost steel capacity at Hazira plant

ArcelorMittal Nippon Steel India (AM/NS) will invest 410 billion rupees ($5 billion) to build two blast furnaces at its Hazira plant in Gujarat, India, aiming to boost crude steel output capacity by 30 million tonnes per year by 2030.

- Type: Expansion
- Announced: 2022-09-28
- Where: Hazira, Gujarat, India
- Value: $5.00B
- Starts operating: Q3 2026
- Status: announced
- Capacity: 30 million tonnes per year
- Products: crude steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [AM/NS India](https://endata.com/companies/65603.md)
- [ArcelorMittal](https://endata.com/companies/292.md) (partner)
- [Nippon Steel](https://endata.com/companies/7455.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/markets/commodities/nippon-steel-says-india-jv-with-arcelormittal-spend-5-bln-boost-capacity-2022-09-28/), 2022-09-28: "An Indian joint venture of ArcelorMittal and Nippon Steel will invest 410 billion rupees ($5 billion) to boost crude steel output capacity."

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