AMNS India has initiated the land acquisition process in Andhra Pradesh for its planned steel manufacturing facility. The company has made the initial payment, and the possession of the land is expected soon, allowing the greenfield project to move forward. The steel plant will be established in Anakapalli district, with plans to develop a state-of-the-art integrated steel facility at Rajayapeta, initially with a capacity of 7.3 MTPA.
While AMNS India has not disclosed the total investment or final capacity details for the project, the move represents a significant step in its growth strategy. Lakshmi Mittal, Executive Chairman of ArcelorMittal, highlighted that this investment enhances the company’s presence in India’s steel sector and aligns with the nation’s goals of achieving “Viksit Bharat.” Aditya Mittal, Chairman of AMNS India and CEO of ArcelorMittal, emphasized that this venture is the beginning of an exciting project to build a world-class steel plant in Andhra Pradesh, contributing to job creation and long-term economic development for the local community and the country.
AMNS India, a joint venture between ArcelorMittal and Nippon Steel, is a leading player in India’s steel manufacturing sector. Based in Hazira, Gujarat, the company combines ArcelorMittal’s global leadership in steel production with Nippon Steel’s advanced technology to offer high-quality steel products across various industries, including automotive, construction, and infrastructure. With a crude steel capacity of 9 million tonnes per annum (MTPA), AMNS India plays a significant role in driving the country’s industrial growth, contributing to key sectors such as manufacturing and construction. The company’s focus on sustainability, innovation, and operational efficiency enables it to meet the growing demand for steel in India while minimizing its environmental footprint.
AMNS India is expanding its operations with significant investments in new projects. One of the most notable initiatives is the establishment of a new integrated steel plant in Andhra Pradesh, which is expected to have an initial capacity of 7.3 MTPA. This project, once completed, will further strengthen AMNS India’s position in the Indian steel industry. The company’s commitment to technological advancement, local job creation, and contributing to India’s long-term manufacturing goals aligns with the country’s vision of a self-reliant and industrially advanced nation. As it continues to grow, AMNS India remains focused on providing high-quality steel products while driving economic growth and societal value.