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L N Mittal will to review Indian plans on July 7
Wednesday, July 5 2006 17:23 Hrs (IST) - World Time -

New Delhi: NRI steel tycoon L N Mittal will arrive here on July 7 to review his India plans, just days after reaching an agreement to merge Mittal Steel with its nearest rival Luxembourg-based Arcelor to create the world's largest steel conglomerate.

"Mittal has already evinced keen interest in India and its booming economy, which would provide an excellent platform for his expansion plans," Mittal Steel sources said.

Besides steel and mines, Mittal is also learnt to have expressed his interest in the country's hydrocarbon sector. He would probably take up the issue when he meets Prime Minister Manmohan Singh and Petroleum Minister Murli Deora during his visit to the national capital.

He would also review the progress made in the 12 million tonne steel plant project in Jharkhand. It was likely that he could also talk to the media on his expansion plans in India vis-a-vis China, sources said.

PTI









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