Ahmedabad: Unhappy over delay in getting clearances for his projects, the world's largest steelmaker LN Mittal on Saturday said India was not his top priority for investment.
Speaking to newsmen on the sidelines of convocation of Indian Institute of Management, Ahmedabad(IIM-A), where he was the chief guest, Mittal said "I do not want to give you any timeline about my Indian projects... experienced so much of delay."
".. India is not in my top priority for investment, it is top priority as a country but not a top priority for investment," Mittal said.
ArcelorMittal, the steel giant belonging to LN Mittal, had inked an MoU with Orissa government in December 2006 to set up a 12 mtpa steel plant in Keonjhar district at an investment of Rs 40,000 crore but it has been facing delay. Another project of the company in Jharkhand is also facing delay....
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