Katamarayudu telugu movie review | Katamarayudu Movie Review Rating | Katamarayudu Review | Pawan Kalyan Katamarayudu

X
close save
crop image
x
TM
Tue, Feb 20, 2018 | Last Updated 3:38 am IST

Menu &Sections

Search

AMIPL set out a detailed industrial plan for the debt laden steel maker

AMIPL set out a detailed industrial plan for the debt laden steel maker
AMIPL set out a detailed industrial plan for the debt laden steel maker
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

According to sources Arcelor Mittal said that its subsidiary Arcelor Mittal India Pvt Ltd (AMIPL) has submitted an offer for Essar Steel India Limited in line with the corporate insolvency resolution process for Indian steel company. Meanwhile in its offer, AMIPL set out a detailed industrial plan for the debt laden steel maker to address its operational issues and aimed at improving its performance and profitability.



Accordingly Essar provides a compelling opportunity for us to enter the high growth Indian steel market. The offer submitted today by AMIPL includes a detailed investment plan to address operational issues in Essar's existing asset base. Arcelor Mittal Chairman and CEO Lakshmi Mittal said "With their industry expertise and renowned operating prowess, they believe that they are uniquely equipped to implement a successful turnaround which would be beneficial to its stakeholders".

AMIPL set out a detailed industrial plan for the debt laden steel maker

As per the statement "Essar Steel is an integrated flat steel producer and has a crude steel capacity of 9.6 million tonnes per annum, although the current maximum achievable crude steel production level is 6.1 million tonnes per annum, due to a bottleneck in the steel making and casting process".

AMIPL set out a detailed industrial plan for the debt laden steel maker

AMIPL set out a detailed industrial plan for the debt laden steel maker
5/ 5 - (1 votes)
Add To Favourite
More from author
RGV says as per tweet 49% of votes polled for Pawan and 51% for Porn
Congress blasted BJP for Rs 11,400 crore PNB scam & accused Narendra Modi of crony capitalism
Pakistan PM Nawaz Sharif has multiple cases behind him
Saudi government's new rule marks a major step from strict guardianship system
Director says Kindly never ask about Kamal Hassan or his Political entry
6 Year old receives NASA's answer!
Cheapest Smartphone, courtesy Jio offer!!
CBI seeks US help to get Modi!
Amrapali, Warangal Collector is married to Policeman
Indian American Math teacher saved many lives at Florida shooting
Plane ATR-72 crashed with 66 passengers in Southern Iran
Second woman made allegations of an affair with Donald Trump
Transgender part of a team of boy scouts being sent to 2018 Haj pilgrimage
Large fire damaged Jokhang temple in holiest & sensitive site in Tibet
Fortune 500 companies's CEO'S to participate in Global IT Event
How much money Trump received from the National Rifle Association for Florida gun shooting?
Who will win Russian Presidential Election?
Will Chandrababu get financial help from Modi?
Chiranjeevi kick started a fresh debate in Telugu states' politics
Famous Hollywood couple Jennifer Aniston and Justin Theroux breaks up!
Mukesh Ambani plans to establish his business in AP
Google comes to protect photos!!
Strong earthquake shook large swathe of southern & central Mexico
4 Immigration Reform proposals rejected by US Senate
Rs. 11,400 Cr. Scamster Nirav Modi has connection with Bollywood Celebrities
Will Trump's assurance provide safety after Florida shooting incident?
Adult toys worth 79 lakhs seized in Chennai!!
Odedra pleaded guilty to one offence of attempting to possess an indecent image
Priyanka Chopra to cut ties with Modi!
Indian teacher arrested for obscene recordings!
TN LPG Tanker Lorry Owners strike been affected on a daily basis
Cryptocurrency mining is attacking more mobile users
Amazon joins rank of biggies by manufacturing its own chipsets for its Alexa
United States McDonald's is removing cheeseburgers from its Happy Meal menu for Children's issue
Cong said a whistleblower alerted govt regarding Nirav Modi but PM, Jaitley ignored tip
Trump & Modi's India-US tie is strong
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.