The Chairman of Arcelor Mittal, Lakshmi Mittal, recently reflected on his visit to the 20th anniversary of Vibrant Gujarat in September 2023. He commended the persistent commitment of Prime Minister Modi towards establishing an institutional framework for the Vibrant Gujarat Summit, which has now transformed into a global summit. The event has been instrumental in showcasing Gujarat’s contribution to India’s development, as a policy-driven state for years.
ArcelorMittal is currently undertaking a mega steel production project in Hazira, Gujarat. The first phase of the project is expected to be completed by 2026, with an MoU signed for the subsequent phase, and the entire project is scheduled for finalization by 2029.
Mittal lauded the Prime Minister’s belief in the principle of “One Earth, One Family, One Future” and his efforts to strengthen the ‘voice of the South Global’ worldwide at every international forum. He emphasized the significance of steel in achieving self-reliance for the country and shared an update regarding the ArcelorMittal Nippon Steel India Hazira expansion project launched in 2021. Additionally, he discussed the prospect of investing in sustainable sectors such as renewable energy and green hydrogen.
Toshihiro Suzuki
The President of Suzuki, Toshihiro Suzuki, has recently commended the Indian automobile industry’s notable growth under the leadership of Prime Minister Narendra Modi, over the last decade. Suzuki expressed his appreciation towards the Prime Minister’s progressive approach to the country’s economic development, which has led to India’s emergence as the world’s third-largest automobile market.
This story is from the Business Today February 2024 edition of Business Today Sri Lanka.
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This story is from the Business Today February 2024 edition of Business Today Sri Lanka.
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