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

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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) said 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.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can click here for a list of all projects at the Hazira Steel Works and here for a plant profile.

Meanwhile, Adani Group (Ahmedabad, Gujarat) has committed US$24 billion in investment to boost green energy initiatives in Gujarat.

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. Click here for a full list.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).