AM/NS India to get Rs 28,000 crore sop from Andhra Pradesh for new steel plant

Andhra Pradesh government is set to provide incentives to Arcelor Mittal Nippon Steel (AM/NS) India. The incentives are worth up to Rs 28,000 crore. This is for the first phase of their integrated steel plant in the state. The plant will be located in Anakapalli. The initial capacity will be 7.3 million tonnes.