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Our investment reflects confidence in India's economy: AM/NS India CEO

ArcelorMittal and Nippon Steel, has embarked on an expansion that includes increasing capacity at its existing location, Hazira in Gujarat, and setting up new plants in Odisha

Dilip Oommen, chief executive officer (CEO), AM/NS India
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Dilip Oommen, Chief Executive Officer (CEO), AM/NS India

Ishita Ayan Dutt
Buoyed by the India growth story, ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, has embarked on an expansion that includes increasing capacity at its existing location, Hazira in Gujarat, and setting up new plants in Odisha. In a conversation, Dilip Oommen, chief executive officer (CEO), AM/NS India, and executive vice-president, ArcelorMittal, tells Ishita Ayan Dutt that ArcelorMittal and Nippon Steel are bullish on India over a medium to long term. Edited excerpts:

AM/NS India is looking to invest about $7.4 billion by early 2026 in upstream and downstream facilities. What is giving it

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First Published: Nov 25 2022 | 6:38 PM IST

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