ArcelorMittal Plans $6.9 Billion Steel Plant in India’s Odisha State. ArcelorMittal Nippon Steel Jobs in Odisha. Private Jobs and MNC Jobs in Odisha. AM/NS Openings for experienced professionals
ArcelorMittal Nippon Steel India
Billionaire Lakshmi Mittal is revisiting a plan to set up a steel plant in the mineral-rich eastern Indian state of Odisha with an investment of $6.9 billion, after abandoning an earlier attempt to build a mill in the province.
ArcelorMittal Nippon Steel India Ltd. has signed an accord to build a steel plant in the state with an investment of 500 billion rupees ($6.9 billion), Chief Minister Naveen Patnaik’s office said in a Twitter post. Federal Steel Minister Dharmendra Pradhan said on Twitter earlier this week that he had “good conversations” with Mittal. The planned unit will have an annual production capacity of 12 million tons.
It will generate 7000 direct jobs and 20,000 indirect jobs in Odisha.
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