October 07, 2008

ArcelorMittal may set up R&D unit in Kolkata - Report

ET reported that ArcelorMittal is drawing up plans to set up a state of the art R&D facility in Kolkata to take up consultancy jobs and cater to needs of ArcelorMittal plants India as well as in other countries.

As per report, the initiative is tightly under wraps at present and to house the R&D centre ArcelorMittal has already taken up some 25,000 square feet of office space at New Town in Rajarhat area of Kolkata.

The report added that ArcelorMittal has already appointed nearly 300 engineers for this venture with the help of Oman Consultants.

However, the report quoted Mr Sanak Misra, CEO of ArcelorMittal India as saying that “I have no idea about it.”