ArcelorMittal Nippon Steel India to Boost Domestic Automotive Steel

21 Jan 2025 CW Team

Ranjan Dhar, Director and Vice-President of Sales and Marketing at AM/NS India, emphasized that the automobile industry currently imports about 15% of its annual 8 million tonne steel consumption. With the new production lines, the company expects to meet this demand domestically, eliminating imports altogether. The product response from the automotive sector has been promising, with AM/NS India already supplying 1.2 million tonnes of auto-grade steel. AM/NS India aims to capture 30-35% of the auto-grade steel market in India with this expansion.

In addition to its automotive steel venture, AM/NS India plans to increase its crude steel production capacity to 15 million tonnes per annum by 2026, up from the current 9 million tonnes. This expansion will involve an investment of over Rs 600 billion. The company is also showcasing its automotive innovations, including ArcelorMittal’s Multi Part Integration (MPI) solutions, at the ongoing Bharat Mobility Global Expo. These solutions offer cost efficiencies, reduced manufacturing costs, and streamlined processes through integrated designs, benefiting various automotive applications. (Business Line)

ArcelorMittal Nippon Steel India (AM/NS India) is set to commission a 2 million tonne production capacity for advanced automotive steel products at its Hazira plant by March 2025. This new capacity aims to eliminate the need for steel imports in India's automotive sector, aligning with the government's ‘Atmanirbhar Bharat’ initiative. The company has invested Rs 85 billion into this new product line, which will specifically cater to the automotive industry. AM/NS India is in the final stages of obtaining approval from various automobile manufacturers for the new production. The expansion includes two new units: a Continuous Galvanizing Line and a Continuous Galvanizing and Annealing Line, which will incorporate advanced technical expertise from both ArcelorMittal and Nippon Steel. These units are expected to be fully operational in 2025 and will produce licensed products with strength levels up to 1180 MPa in both coated and uncoated steel. This initiative builds on AM/NS India's earlier success with its introduction of Optigal and Magnelis products. The company aims to meet the growing demand for high-quality automotive steel in India, which currently stands at 7.8 million tonnes annually and is projected to grow by 7% each year. Ranjan Dhar, Director and Vice-President of Sales and Marketing at AM/NS India, emphasized that the automobile industry currently imports about 15% of its annual 8 million tonne steel consumption. With the new production lines, the company expects to meet this demand domestically, eliminating imports altogether. The product response from the automotive sector has been promising, with AM/NS India already supplying 1.2 million tonnes of auto-grade steel. AM/NS India aims to capture 30-35% of the auto-grade steel market in India with this expansion. In addition to its automotive steel venture, AM/NS India plans to increase its crude steel production capacity to 15 million tonnes per annum by 2026, up from the current 9 million tonnes. This expansion will involve an investment of over Rs 600 billion. The company is also showcasing its automotive innovations, including ArcelorMittal’s Multi Part Integration (MPI) solutions, at the ongoing Bharat Mobility Global Expo. These solutions offer cost efficiencies, reduced manufacturing costs, and streamlined processes through integrated designs, benefiting various automotive applications. (Business Line)

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..