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Essar Group to invest $650 mn more in US steel plant: Prashant Ruia | Company News - Business Standard

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Home / Companies / News / Essar Group to invest $650 mn more in US steel plant: Prashant Ruia

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The US is a crucial market for us, said said Prashant Ruia, director of Essar Group. | File Photo

Dev Chatterjee Mumbai

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As President Donald Trump rolls out his Make in America plans, India’s Essar Group is finalising an additional $650 million investment in its plant in the state of Minnesota. It had invested $1.7 billion earlier. , director of Essar Group, in a telephone interview from the World Economic Forum in Davos in Switzerland, told that his company is bullish on the American and Indian markets. Excerpts:

The US is a crucial market for us, and our investments reflect our

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