India's Gujarat Home to $1.5 Billion in Steel Sector Investment

NEW DELHI--January 15, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Vibrant Gujarat Global Summit is a global business event whose objective is to bring together business leaders, investors, and organizations to explore business opportunities in Gujarat, India.

In the recent meeting of the Vibrant Gujarat Global Summit on January 10, ArcelorMittal Nippon Steel India (AMNS) (Mumbai, India) that Gujarat will be home to the world's largest steel manufacturing unit, at its Hazira Steel Works. The expansion is underway and will be completely ready by 2029 with a production capacity of 24 million tons per annum.

Industrial Info is tracking more than 1,610 projects, worth US$23 billion, at steel plants in India--including 66 projects worth US$1.51 billion in Gujarat.