Fri, Feb 20, 2026 | Updated 01:05 IST
Mar 29, 2025
Mumbai (Maharashtra) / Amaravati (Andhra Pradesh) [India], March 29: ArcelorMittal Nippon Steel India (AM/NS India) today announced the beginning of the acquisition of a land parcel in Anakapalli district, Andhra Pradesh, as part of its plans to set up a state-of-the-art integrated steel plant in Rajayapeta. The initial payment for acquiring the land has been made, and possession is expected soon, paving the way for the company to commence work on the greenfield project.
Indian paper industry's profit margins are expected to improve to 16-20 per cent over the next 4-6 quarters, according to a report by BOBCAPS.
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