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AM/NS India to Start Work on Rs 70,000 Cr Andhra Steel Plant Next Week

Summary by NewsDrum
Amaravathi, Mar 19 (PTI) ArcelorMittal Nippon Steel India will commence work next week on its proposed integrated steel plant in Andhra Pradesh, marking the launch of India's largest greenfield steel project. The company, a joint venture between ArcelorMittal and Nippon Steel, will invest about Rs 70,000 crore in the first phase to build 8.2 million tonnes per annum capacity near Visakhapatnam. The Andhra Pradesh government has allotted around 2…
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Social News XYZ broke the news in on Wednesday, March 18, 2026.
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