Access to land, raw materials constraints in India: LN Mittal
The world's largest steel company ArcelorMittal, which is setting up two steel plants in India of 12 million tonne capacity each, has said that access to land, raw material, and natural resources remains a challenge for its greenfield plans in the country, and these constraints are expected to delay many steel projects here. Of the 317 million tonne (mt) of new capacity announced for 2015-16, only 140 mt is expected to be completed in time.