AMNS India's Hazira project to be commissioned by 2026
ECONOMY & POLICY

AMNS India's Hazira project to be commissioned by 2026

Lakshmi N Mittal, the Executive Chairman of ArcelorMittal, expressed strong optimism on Wednesday regarding the timely commissioning of the Hazira project undertaken by AMNS India, a subsidiary of ArcelorMittal. The expansion project, which aims to significantly enhance the steel production capacity, is expected to be operational by the year 2026.

In October of the previous year, AMNS India, a prominent arm of ArcelorMittal, had announced plans to invest a substantial Rs 60,000 crore to augment the capacity of its steel plant located in Hazira, with a target of reaching 15 million tonnes (MT) of steel production.

Mr. Mittal conveyed his confidence during an event commemorating the 20th anniversary of the 'Vibrant Gujarat' summit. He underscored the importance of collaboration between the central government and the Gujarat state government in ensuring the successful execution of the project within the stipulated timeline.

The Hazira expansion initiative is making significant progress, marked by rapid development, with more than 20,000 individuals actively engaged in various aspects of the project's construction.

The commitment and progress demonstrated by ArcelorMittal in the Hazira project align with the company's strategic goals and ambitions for expanding its presence and operations in the steel industry.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Lakshmi N Mittal, the Executive Chairman of ArcelorMittal, expressed strong optimism on Wednesday regarding the timely commissioning of the Hazira project undertaken by AMNS India, a subsidiary of ArcelorMittal. The expansion project, which aims to significantly enhance the steel production capacity, is expected to be operational by the year 2026. In October of the previous year, AMNS India, a prominent arm of ArcelorMittal, had announced plans to invest a substantial Rs 60,000 crore to augment the capacity of its steel plant located in Hazira, with a target of reaching 15 million tonnes (MT) of steel production. Mr. Mittal conveyed his confidence during an event commemorating the 20th anniversary of the 'Vibrant Gujarat' summit. He underscored the importance of collaboration between the central government and the Gujarat state government in ensuring the successful execution of the project within the stipulated timeline. The Hazira expansion initiative is making significant progress, marked by rapid development, with more than 20,000 individuals actively engaged in various aspects of the project's construction. The commitment and progress demonstrated by ArcelorMittal in the Hazira project align with the company's strategic goals and ambitions for expanding its presence and operations in the steel industry.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement