In a major step toward industrial transformation, a team from ArcelorMittal Nippon Steel India (AM/NS India) visited the proposed steel plant site near Visakhapatnam, Andhra Pradesh. The visit signals progress in the development of one of India's largest shore-based integrated steel plants.

The upcoming facility is being set up with a massive investment of ₹1,47,162 crore and will have a production capacity of 17.80 million tonnes per annum (MTPA). Once operational, the plant is expected to generate over 1 lakh direct and indirect jobs, significantly boosting employment and economic growth in the region.

The project aligns with the state and central governments' efforts to position Visakhapatnam as a key industrial and manufacturing hub on India’s eastern coast. Strategically located, the Vizag plant will cater to both domestic and international steel demand, leveraging the nearby port infrastructure for exports.

Officials from ArcelorMittal Nippon Steel reviewed infrastructure readiness, land allocation, and connectivity to ensure timely execution. Their visit also reinforced the company’s commitment to long-term investment in Andhra Pradesh and sustainable industrial development in the region.

The steel plant is a landmark initiative under the Make in India and Atmanirbhar Bharat missions, and once complete, it will significantly contribute to the country’s steel output and global competitiveness.