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AMNS India to invest $1 billion in downstream sector: Aditya Mittal ...Middle East
ArcelorMittal's arm AMNS India will invest USD 1 billion in the downstream sector, including in the expansion of its specialty steel portfolio, Aditya Mittal, Chairman of the Gujarat-based steel player, said on Tuesday. Mittal is also the CEO of parent company ArcelorMittal which holds 60 per cent equity in AMNS India. AMNS India in Hazira is well-positioned to capture the growth opportunities presented by the domestic steel market which has the potential to grow to 300 million tonnes per annum by 2030, the company official said addressing a group of investors and analysts of ArcelorMittal. According to a statement, this was the first such meeting since Luxembourg-based ArcelorMittal and Jap
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