Amaravati: A major industrial revolution is on the horizon in Andhra Pradesh, as Chief Minister N. Chandrababu Naidu, joined by Union Ministers, is set to lay the foundation stone for the ArcelorMittal Nippon Steel India project on March 23 at Rajayyapeta in the Nakkapalli Mandal of Anakapalli district.
ArcelorMittal Nippon Steel India (AMNS India), a leading steel manufacturer, is preparing to establish a greenfield integrated steel plant in the state with an annual capacity of 17.8 million metric tonnes.
This project entails a massive investment of ₹1,35,964 crore and is expected to generate direct and indirect employment opportunities for approximately one lakh people. Spanning 5,465 acres, the project will be developed in two phases—the first phase will have a capacity of 7.3 million metric tonnes, and the second phase will have a capacity of 10.5 million metric tonnes.
Alongside the steel plant, AMNS India will also establish a captive port with a capacity of 50 million metric tonnes across 316 acres of land, involving an additional investment of ₹11,198 crore. This is expected to create another 6,000 jobs. The establishment of the AMNS India plant will transform the Visakhapatnam economic zone into a major industrial hub. This greenfield steel plant will also enable AMNS India to play a pivotal role in meeting the growing demand within India’s steel market.
The State Government is extending its full cooperation to ensure the speedy completion of this project. A four-lane road is currently being constructed to connect the steel plant to NH-16.
Several dignitaries from both the Central and State governments will attend the event, including the Chief Minister as the Chief Guest; Union Minister for Steel and Heavy Industries H.D. Kumaraswamy; Minister of State Bhupatiraju Srinivasa Varma; Deputy Chief Minister Pawan Kalyan; and Minister for IT and Human Resources Nara Lokesh. AP Assembly Speaker Chintakayala Ayyanna Patrudu, and Ministers Anita and T.G. will also be present. Bharat and MP C.M. Ramesh will be present as distinguished guests. ArcelorMittal Executive Chairman Lakshmi Mittal and AMNS India Chairman Aditya Mittal will also participate in this event. According to the scheduled itinerary, Chief Minister Chandrababu Naidu will arrive at Rajayyapeta in Nakkapalli Mandal by helicopter. At 3:40 PM, he will visit the ‘Experience Zone’ and review the model of the steel plant. Subsequently, together with the Union Ministers, he will unveil the foundation stone plaque and participate in the signing of various Memorandums of Understanding (MoUs), after which he will return to Amaravati.
