The spirit of the law is not to stop us from investing, says Aditya Mittal

For more than a decade, ArcelorMittal has been trying without much luck to establish a presence in India by setting up greenfield plants. Essar Steel, which is undergoing bankruptcy proceedings, has come as an opportunity, albeit with challenges. Amid a pitched battle for Essar Steel with VTB-backed Numetal, Aditya Mittal, president, ArcelorMittal, Group CFO and CEO ArcelorMittal Europe, speaks to Ishita Ayan Dutt on why Essar Steel is the best fit among all the stressed assets on offer. Edited excerpts:
 
Do you think the decision-making process for Essar Steel will take long?
It cannot take too long because there