ArcelorMittal statement

---------- Forwarded message ----------
From: Sanganeria, Sunanda <Sunanda.Sanganeria@arcelormittal.com>
Date: Mon, Oct 5, 2009 at 4:17 PM
Subject: ArcelorMittal statement
To: basu.moushumi@gmail.com, moushumi.basu@rediffmail.com

 

Following the article on ArcelorMittal's investment plans for India in the Financial Times today, please find below a new statement from Mr. Mittal below to clarify our position and reiterate our commitment to India –

 

"ArcelorMittal has no plans to quit India. India is an important country for steel demand growth and is an important part of ArcelorMittal's long-term strategic plans. The company continues to work on its two Greenfield projects in Jharkhand and Orissa. However in the event that land acquisition continues to prove difficult, we will start to search for alternate sites in India for our Greenfield projects."  - LN Mittal

 

Regards,

Sunanda

 

Sunanda Sanganeria I Corporate Communications

ArcelorMittal India Limited

 

6th Floor, M-6 Plaza, Jasola District Centre

New Delhi - 110025, India

 

T - + 91 99101 11453  I F + 91 1146759491 

E - sunanda.sanganeria@arcelormittal.com

www.arcelormittal.com

 

P  Please consider the environment before printing this e-mail. ArcelorMittal encourages environmental awareness