AM/NS India’s ₹70,000 cr steel plant in AP will also boost national growth: CEO Dilip Oommen.

AM/NS India’s upcoming greenfield integrated steel plant in Andhra Pradesh is expected to act as a major catalyst for economic growth at both the state and national levels, according to its Chief Executive Officer Dilip Oommen.

Oommen said that large steel plants typically attract a network of ancillary industries, helping build a broader industrial base while also contributing to the development of the surrounding social and economic ecosystem.

The foundation stone for the project is scheduled to be laid on March 23, 2026, at Rajayyapeta in Anakapalli district, marking one of the largest greenfield industrial investments in Andhra Pradesh.