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Mr LN Mittal Proposes Steel R&D Centre in Bengaluru

Steel News - Published on Thu, 23 Jan 2020

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ArcelorMittal chairman Mr LN Mittal has offered to set up a research and development centre in Bengaluru to conduct research on various forms of steel usage. He mooted the idea to chief minister BS Yediyurappa at Karnataka Pavilion at Davos during the world economic forum meet

Top Karnataka officials led by the chief minister inquired about the six-million tonne per annum steel mill he planned to set up at Ballari district, for which a MoU was signed ten years ago at a global investors meet in Bengaluru. Mr Mittal told the chief minister that the project has run into problems for various reasons. He urged Yediyurappa to sort out the issues, and he will start work on a solar power plant. The chief minister, however, told the steel magnate to work on both solar and steel plants, simultaneously. Mittal, however, promised to invest on an R&D plant on steel use in Bengaluru.

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Posted By : Rabi Wangkhem on Thu, 23 Jan 2020
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