AMNS India Moves Forward with Andhra Steel Plant Land Acquisition

AMNS India has initiated the process to acquire land in Andhra Pradesh for a new steel manufacturing facility. The land acquisition marks the first step towards establishing a state-of-the-art integrated steel plant with an initial capacity of 7.3 MTPA. The project aims to boost local employment.

AMNS India has commenced the acquisition of land in Andhra Pradesh, signaling progress towards its proposed steel manufacturing facility.

With the initial payment completed, possession of the land is anticipated shortly, allowing the company to advance its greenfield project.

Set in Anakapalli district, the integrated steel plant will initially produce 7.3 million tonnes per annum, although investment and capacity specifics remain undisclosed.

(With inputs from agencies.)