What is the planned investment for the ArcelorMittal Nippon Steel India plant in Andhra Pradesh?

The integrated steel plant by ArcelorMittal Nippon Steel India in Andhra Pradesh has a total investment of nearly ₹1.5 lakh crore.

When will the foundation stone for the new steel plant be laid in Andhra Pradesh?

The foundation stone for the ArcelorMittal Nippon Steel India plant is scheduled to be laid on March 23, 2026.

How many jobs are expected to be generated by the new steel plant in Andhra Pradesh?

The integrated steel plant and its associated captive port are expected to generate approximately one lakh jobs.

Home / Business and Economy / Andhra Pradesh to Host India's Largest Steel Plant

Andhra Pradesh to Host India's Largest Steel Plant

22 Mar

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Summary

ArcelorMittal Nippon Steel will invest ₹1.5 lakh crore in a new plant.
The plant will have an annual production capacity of 17.8 million tonnes.
This project is expected to generate approximately one lakh jobs.

Andhra Pradesh to Host India's Largest Steel Plant

On March 23, 2026, Andhra Pradesh Chief Minister N Chandrababu Naidu will inaugurate the foundation stone for a significant integrated steel plant by ArcelorMittal Nippon Steel India (AM/NS India). Located in Nakkapalli, Anakapalli district, this project represents a monumental investment of nearly ₹1.5 lakh crore.

The plant is engineered for an annual production capacity of 17.8 million tonnes, positioning it as one of India's largest steel manufacturing centers. The development will occur in two phases, with the initial phase alone requiring an investment of ₹70,000 crore.