ArcelorMittal Nippon Steel India (AMNS India) has outlined its expansion plan, aiming to reach a steelmaking capacity of 25-26 million tonnes by 2030, according to CEO Dilip Oommen.

The company, a 60:40 joint venture between ArcelorMittal and Japan’s Nippon Steel, currently has a capacity of around nine million tonne per annum (MTPA). AMNS India plans to increase production at its Hazira plant near Surat, Gujarat, to 15 MTPA by next year, and further to 18 MTPA in the following years. Additionally, the company is investing in a new greenfield plant at Rajayyapeta in Andhra Pradesh, which will have a capacity of 8.2 MTPA.

"By 2030, we will have at least 25-26 million tonnes. It could be a little more or less. It’s simple math: Hazira plus Rajayepeta," CEO Oommen stated. The expansion will solidify AMNS India’s position as a major player in the Indian steel industry.