N Chandrababu Naidu, Andhra Pradesh Chief Minister
With a total investment of nearly ₹1.5 lakh crore, the plant will have an annual production capacity of 17.8 million tonnes per annum (MTPA) and is expected to generate approximately one lakh jobs.
The project will be developed in two phases, with the first phase involving an investment of ₹70,000 crore.
Once completed, the plant will have a production capacity of 17.8 million metric tonnes per annum, positioning it among the largest steel manufacturing hubs in the country. The AM/NS will also become the first integrated steel company to hold a Green Steel certification from the Ministry of Steel.
Spread across over 5,400 acres, the integrated steel plant will be complemented by a captive port, further strengthening Andhra Pradesh’s logistics and export ecosystem.
The port project, backed by an additional investment of over ₹11,000 crore, is expected to generate another 6,000 jobs.
Logistics
The State government has already initiated critical infrastructure upgrades, including four-lane connectivity to NH-16, along with dedicated water and power supply systems to support the project.
The foundation ceremony will witness the presence of key national and State leaders, including Union Steel and Heavy Industries Minister HD Kumaraswamy, Minister of State Bhupathiraju Srinivasa Varma, Deputy Chief Minister Pawan Kalyan, and IT & HRD Minister Nara Lokesh, along with industry leaders including Lakshmi Mittal and Aditya Mittal.
“With this project, Andhra Pradesh is not just attracting investments, it is reshaping India’s industrial map, signalling to the world that the state is ready to lead the next wave of manufacturing growth,’’ the State government said in a release on Sunday.
Published on March 22, 2026