AMNS India to expand Hazira plant

AMNS India, an arm of ArcelorMittal, will invest Rs 60,000 crore to increase the capacity of its steel plant here to 15 million tonnes (MT), the company's chairman Aditya Mittal announced on Friday. The plant's current capacity is 9 MT. The investment will also go toward the installation of new steel-making technologies, the establishment of cutting-edge machinery, and the expansion of product mix. A 24-hour renewable energy source will also be installed to supply green energy to the plant. The investment will generate over 600 billion in job opportunities across the country in the company's various verticals. Also read: Revenue from loading freight grew by 17%:Indian Railway PM lays foundation for projects worth Rs 80 bn in Gujarat