ArcelorMittal looks to supply steel for proposed bullet train project

ArcelorMittal's arm AMNS India is eyeing to supply high strength special steel for the proposed bullet train project in India. AMNS India Chairman Aditya Mittal on Friday announced a Rs 60,000-crore expansion plan for his company's plant based in Hazira, Gujarat. As per the plan, the capacity of the plant will be scaled up to 15 million tonnes (MT) from 9 MT at present, he said. The company has been working hard on the expansion plan to ensure it captures the potential that is here in India. The expansion is in line with government initiatives like Atmanirbhar Bharat, Mittal said. He was addressing a gathering after performing the 'Bhoomi Pujan' to mark the beginning of the expansion project here. As the company grows, the plan is to expand specialty steel portfolio and focus on segments such as automotive, transportation and renewables, the chairman said. Prime Minister Narendra Modi and Japan's erstwhile prime minister Shinzo Abe had laid the foundation stone for the bullet tra

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