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ArcelorMittal Nippon Steel Breaks Ground on Rs 1.35 Lakh Crore Plant in Andhra Pradesh

The buildout is pitched as a catalyst for North Andhra’s industrial corridor, boosting India’s steel output.

Overview

  • The greenfield complex, which held its foundation ceremony Monday, has now begun initial ground works in Rajayyapeta, Anakapalli.
  • Plans call for 17.8 million tonnes per annum of total capacity in two phases on roughly 5,400–5,465 acres, with the state projecting about 100,000 direct and indirect jobs.
  • Phase‑1 details differ across official accounts, with some citing 7.3 MTPA and others 8.2 MTPA at about Rs 70,000 crore, while first production is targeted for December 2028 to early 2029.
  • AM/NS will add a captive port of about 50 million tonnes on 316 acres at roughly Rs 11,198 crore, plus a four‑lane road to NH‑16 to move raw materials and finished steel.
  • Leaders at the event announced a skilling MoU to set up NAMTECH, and central ministers pledged continued support for the nearby Vizag Steel Plant to protect jobs as the new site ramps up.