Lakshmi Mittal says Indian project progress "slow"
BATHINDA, India (Reuters) - ArcelorMittal's (ISPA.AS) is progressing slowly with the company's Indian steel plant projects in Jharkhand and Karnataka, chairman Lakshmi Mittal said on Saturday
"There is some progress in terms of getting land, etc, a lot of approvals are needed but progress is slow," Mittal said.
The company's plans in Jharkhand and Karnataka have been hit by local opposition to the projects and wrangles over land acquisition.
(Reporting by Nidhi Verma; Editing by Ed Lane)
- Tweet this
- Share this
- Digg this
U.S. President Barack Obama and Indian Prime Minister Narendra Modi agreed on Tuesday to deepen U.S.-Indian cooperation on maritime security to ensure freedom of navigation in what amounts to a response to China's naval muscle-flexing in Asia. Story | Full Coverage