The Andhra Pradesh government said on Thursday that Swiss company IMR Metallurgical Resources AG has proposed to set up a large steel plant with a 10 million-tonne capacity at an investment of over Rs 12,000 crore in chief minister Y S Jagan Mohan Reddy's home district YSR Kadapa.
The announcement was made by the government after IMR AG chiarman Hans Radolf Weld, company director Anirudh Misra and other senior officials of the company held discussions