According to the CEO of AMNS India, AMNS India is looking forward to getting forest and environment clearances to set up a greenfield steel plant with an annual production of 12 million tons in Odisha.

AMNS India is a joint venture company of ArcelorMittal based in Luxembourg and Nippon Steel from Japan.

Back in March 2021, AMNS signed an MoU with the government of Odisha for building up a greenfield steel plant in Kendrapara, with a total investment of around Rs 50,000 crore.

According to AMNS India, the company has initiated a feasibility study for the project, and the company also submitted the report to the government of Odisha in the fourth quarter of 2021.