Hazira, India (Urban Transport News): ArcelorMittal's arm AMNS India Ltd is eyeing to supply high strength special steel for the under construction Mumbai-Ahmedabad High Speed Bullet Train project in India. "The compnay will invest Rs 60,000 crore to scale up capacity of its steel plant here from present 9 million tonnes (MT) to 15 million tonnes (MT)", said Aditya Mittal, Chairman on 28th October 2022.
"The company has been working hard on the expansion plan to ensure it captures the potential that is here in India. The expansion is in line with government initiatives like Atmanirbhar Bharat", Mittal said.
As the company grows, the plan is to expand specialty steel portfolio and focus on segments such as automotive, transportation and renewables, he added.
Prime Minister Narendra Modi and Japan's erstwhile prime minister Shinzo Abe had laid the foundation stone for the bullet train project in Ahmedabad in 2017, he further said.
"The first train is expected to run on a 50-kilometer section between Surat and Bilimora in 2026 and our steel will be on that train," the Chairman said, adding: "We are bringing technologies in that have not existed in India. We will make products that have never been made in the country," Mittal said.
In 2019, ArcelorMittal along with Japan's Nippon Steel completed the acquisition of the Essar Steel Limited plant located at Hazira in Gujarat, and later renamed it to ArcelorMittal Nippon Steel (AMNS) India.
A consortium of Larsen and Toubro (L&T) Construction’s Heavy Civil Infrastructure business and Japan’s IHI Infrastructure Systems has been awarded a contract to deliver 28 steel bridges for the Mumbai Ahmedabad High Speed Rail Corridor in India.
According to National High Speed Rail Corporation Ltd (NHSRCL), which is implementing the bullet train project, estimated that around 70,000 MT of steel will be used for the fabrication of these steel bridges for this project.
Steel Authority of India Ltd (SAIL) has supplied over 80,000 tonnes of steel for the Mumbai - Ahmedabad High-Speed Rail (MAHSR) corridor project so far.