Vijay Rupan and Lakshmi Mittal

GANDHINAGAR: Lakshmi Mittal, the chairman and CEO of UK-based ArcelorMittal , met chief minister Vijay Rupani on Monday and announced an investment of Rs 42,000 crore in Gujarat .

ArcelorMittal, in collaboration with Nippon Steel , will produce anti-collision steel at Essar Steel’s plant in Hazira near Surat.

During his first visit to Gujarat, Mittal expressed his desire to invest more in big projects in the state. Anti-collision steel, used in car manufacturing, will be produced in India, thus saving foreign exchange in importing such steel, Rupani said in a statement after meeting Mittal. Rupani assured Mittal of all necessary support.

Others present in the meeting included Aditya Mittal , chief minister’s chief principal secretary K Kailashnathan, chief secretary Anil Mukim, and principal secretary for industries M K Das who is also the chief minister’s principal secretary.

In the run-up to the Vibrant Summit 2019, a delegation led by Manoj Das had first met Mittal in London and invited him to Gujarat for investments. Mittal’s team had visited Gujarat several times in the recent past before the investment plan was fnally announced on Monday.

