Lakshmi Mittal, Chairman of ArcelorMittal, discussed the Hazira expansion project at the Vibrant Gujarat Summit. Mittal outlined an ambitious timeline for the completion of the project, with the first phase expected to be finished by 2026 and the second phase concluding by 2029. Once completed, the expanded facility will become the world’s largest steel plant, capable of producing 24 million tons of steel. Mittal expressed enthusiasm for the Hazira expansion and highlighted ArcelorMittal’s commitment to sustainable practices, including investing in renewable energy and green hydrogen. The Hazira expansion aligns with India’s commitment to industrial growth and solidifies the country’s position in the global steel sector. Mittal’s remarks reflect the confidence and optimism prevalent among global investors and industrialists at the Vibrant Gujarat Summit. The completion of the Hazira expansion will contribute to India’s economic growth and global prominence in the steel industry.
ArcelorMittal Chairman Outlines Ambitious Timeline for Hazira Expansion, Making it World’s Largest Steel Plant, India
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