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Home » Nippon Steel’s ₹1.4 Lakh Crore Investment to Transform Andhra Pradesh’s Industrial Horizon

Nippon Steel’s ₹1.4 Lakh Crore Investment to Transform Andhra Pradesh’s Industrial Horizon

image of nippon steel

During his visit to the World Economic Forum (WEF) in Davos, Andhra Pradesh Chief Minister N. Chandrababu Naidu announced a significant Rs 1.4 lakh crore investment by ArcelorMittal/Nippon Steel for a 17.8-million-ton integrated steel project in Anakapalli.

Naidu shared on X, “Had a productive meeting with the Executive Chairman of @AMNSIndia, Lakshmi N. Mittal, and CEO Mr. Aditya Mittal, in Davos today. ArcelorMittal/Nippon Steel has made a monumental investment of Rs 1.4 lakh crore for a 17.8-million-ton integrated steel project in Anakapalli. This is among the largest greenfield projects in recent history! #InvestInAP”

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