Apr 28, 2012, 01.58 PM IST

ArcelorMittal chairman says Indian project progress 'slow'

ArcelorMittal's is progressing slowly with the company's Indian steel plant projects in Jharkhand and Karnataka, chairman Lakshmi Mittal said on Saturday.

Source: Reuters
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ArcelorMittal chairman says Indian project progress 'slow'
ArcelorMittal's is progressing slowly with the company's Indian steel plant projects in Jharkhand and Karnataka, chairman Lakshmi Mittal said on Saturday


"There is some progress in terms of getting land, etc, a lot of approvals are needed but progress is slow," Mittal said.


The company's plans in Jharkhand and Karnataka have been hit by local opposition to the projects and wrangles over land acquisition.


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