We'll continue to invest majorly across the business: ArcelorMittal CEO

Aditya Mittal unveils a four-fold vision for joint venture with Nippon Steel in India, ArcelorMittal Nippon Steel India, of which he is also the chairman

Two years after acquiring Essar Steel, Aditya Mittal, Chief Executive Officer of ArcelorMittal, unveiled a four-fold vision for its joint venture with Nippon Steel in India – ArcelorMittal Nippon Steel India (AM/NS India) – in a communication to employees to mark the occasion.

In his letter to employees, Mittal, who is chairman of the joint venture, said, “First, we want to be at the forefront of supporting the rapid and sustained rise in steel consumption in India over the coming decade and will continue to invest significantly across the business to achieve this.”

Expanding Hazira’s steelmaking capacity to 15 million