AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, is set to establish a massive steel manufacturing project in Andhra Pradesh’s Anakapalli district. With an investment of ₹1.4 lakh crore, this greenfield project will have a production capacity of 17.8 million tonnes, marking it as one of the largest steel ventures in recent years.
The project will roll out in two phases. The first phase, with an investment of ₹80,000 crore, will involve setting up a 7.3 million tonnes per annum (MMTPA) blast furnace steel plant. AM/NS has requested 2,600 acres of land for this initial phase. The second phase, targeting an additional 10.5 MMTPA, will require a further ₹60,000 crore and 2,000 more acres.
Strategic location was key for AM/NS, as the selected site near Nakkapalli provides access to coastal infrastructure essential for raw material import and export needs. The company has requested a dedicated jetty, which will support international raw material sourcing at competitive rates.
Environmental sustainability is at the core of the project, with AM/NS planning to use eco-friendly green steel technologies and maintaining 33% of the land as a green belt. The facility will also focus on producing high-grade steel, including materials for the automotive sector, aimed at reducing import dependency.
The project is part of AM/NS India’s larger vision to reach 40 MMTPA production capacity by 2035, adding to its existing facilities in Gujarat and Odisha. This project is expected to drive significant industrial growth in the region, supporting local supply chains and attracting ancillary industries.
