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AM/NS Andhra plant to add 8.2 MTPA in phase-1
Financial Express Pune
|March 24, 2026
ARCELORMITTAL NIPPON STEEL India’s proposed greenfield plant in Andhra Pradesh will be developed with an initial capacity of 8.2 million tonne per annum (MTPA), positioning it among the country’s largest next-generation steelmaking facilities.
The first phase will involve an investment of over ₹70,000 crore, to be deployed in stages.
The integrated steel plant at Rajayyapeta in Anakapalli district forms part of a broader ₹1.35 lakh crore investment plan and is expected to generate nearly 100,000 direct and indirect jobs. According to the company, steelmaking operations are targeted to commence in the first quarter of calendar year 2029, with further capacity additions planned in later phases.
Dit verhaal komt uit de March 24, 2026-editie van Financial Express Pune.
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