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ArcelorMittal, SAIL to set up steel plant in India

Last Updated: Friday, May 22, 2015, 20:43

NRI billionaire Lakshmi Mittal-led ArcelorMittal on Friday partnered PSU giant SAIL to set up an automotive steel plant with an estimated Rs 5,000 crore investment, taking a fresh shot at entering India after nearly a decade-long wait for its earlier projects to take off.

PM to dedicate Rs 16k-cr revamped SAIL Burnpur plant

Last Updated: Saturday, May 9, 2015, 19:24

The event can be seen as a sign of renewed industrialisation drive in West Bengal after the revival of the steel plant.