
The Ministry of Environment, Forest and Climate Change (MoEF) has reportedly given environmental clearance for ArcelorMittal Nippon Steel’s (AM/NS) proposed steel plant at Anakapalli in Andhra Pradesh.
The project involves an investment of around ₹1.5 lakh crore, making it the largest greenfield steel manufacturing venture in India so far.
The project will be executed in phases. The first phase will have a production capacity of 8.2 million tonnes per annum (MTPA) with an initial investment of ₹80,000 crores and will later expand to 24 MTPA.
The plant will use energy-efficient and low-emission technologies to meet global environmental standards. Once operational, it will form a part of the Andhra Pradesh Industrial Corridor, supporting downstream industries and logistics in the northern coastal belt.
Discussions between AM/NS, a joint venture of ArcelorMittal and Japan’s Nippon Steel and the Andhra Pradesh government began in August 2024. The state allocated land within three months and provided single-window clearance to fast-track permissions.
With the MoEF’s recommendation, the company has now secured all major approvals in 14 months, covering both environmental and statutory requirements.
The Andhra Pradesh government has been focusing on quick project execution through simplified approval systems. The AM/NS steel plant is among the largest investments cleared under this framework.
It is expected to anchor industrial growth across the Vizag-Anakapalli-Kakinada belt and create new opportunities for allied sectors such as machinery, fabrication, and transport.
As per the news reports, the foundation stone for the project will be laid at the CII Partnership Summit in Visakhapatnam on November 14-15, 2025. The event will be attended by government officials, company representatives, and industry leaders.
Read More: Festive Demand Lifts October GST Collections to ₹1.96 Lakh Crore Despite Rate Cuts!
Once completed, the plant is expected to add a major capacity to India’s steel output and support long-term industrial expansion in Andhra Pradesh through modern, large-scale manufacturing infrastructure.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 3, 2025, 3:55 PM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates