ArcelorMittal to Build World's Largest Steel Plant in India by 2029
By Rediff Money Desk, GANDHINAGAR Jan 10, 2024 11:36
ArcelorMittal announces plans to build the world's largest steel manufacturing facility at Hazira, Gujarat, with a capacity of 24 million tonnes per annum by 2029.
![ArcelorMittal to Build World's Largest Steel Plant in India by 2029](https://im.rediff.com/money/2024/jan/10summit.jpg)
Photograph: ANI Photo
Gandhinagar, Jan 10 (PTI) ArcelorMittal will build the world's single biggest steel manufacturing factory at Hazira in Gujarat by 2029, company's executive chairman Lakshmi Mittal said on Wednesday.
The factory will have a capacity of 24 million tonne per annum, he said speaking at the 10th Vibrant Gujarat Global Summit here.
He said ArcelorMittal has signed MoUs with the Gujarat government for phase two of the Hazira plant in the summit.
Prime Minister Narendra Modi had done the 'bhumi puja' for the first phase of the plant in 2021 and the construction is going on as per schedule for commissioning in 2026, Mittal said.
The factory will have a capacity of 24 million tonne per annum, he said speaking at the 10th Vibrant Gujarat Global Summit here.
He said ArcelorMittal has signed MoUs with the Gujarat government for phase two of the Hazira plant in the summit.
Prime Minister Narendra Modi had done the 'bhumi puja' for the first phase of the plant in 2021 and the construction is going on as per schedule for commissioning in 2026, Mittal said.
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