Reuters reported that a TV channel quoted ArcelorMittal as saying that it has no plans to exit its planned steel projects in India.
British daily Financial Times Sunday quoted ArcelorMittal chairman Mr LN Mittal as saying his company may pull out of the USD 20 billion plan to build Greenfield steel projects in Jharkhand and Orissa. The report cited Mr Mittal as saying that if the land acquisition problems are not resolved soon, the company would look for alternative sites for the projects.
(Sourced from www.steelguru.com)
Monday, October 5, 2009
ArcelorMittal not to quit India projects - Report
0 comments:
Post a Comment