Chief minister Naveen Patnaik and industrialist LN Mittal in Bhubaneswar on Thursday.
BHUBANESWAR: In a major boost to Odisha’s industrial landscape, the ArcelorMittal Nippon Steel India Limited (AMNS India) on Thursday signed an MoU with the state government to set up a 12 mtpa integrated steel complex in Kendrapada district with an investment of Rs 50,000 crore.
The deal was signed here in presence of chief minister Naveen Patnaik and executive chairman of ArcelorMittal LN Mittal. The development came two days after Mittal met Union steel minister Dharmendra Pradhan in New Delhi where discussion about the proposed project was held, sources said.