Business Standard reported that two years after acquiring Essar Steel, ArcelorMittal’s Chief Executive Officer Mr Aditya Mittal in a communication to employees has unveiled a four fold vision for ArcelorMittal Nippon Steel India. 1. Support rise in India’s steel consumption in India over the coming decade by investing significantly across the business2. Strive for stable and cost-effective steel making operations3. Build a portfolio of value-added products for stronger financial returns4. Aim to be a leader in sustainable developmentAM/NS India had a crude steel production of 7.5 million tonnes at time of acquisition in December 2019. Currently, debottlenecking to achieve 8.6 million tonnes capacity is underway and the next milestone is to take capacity to 15 million tonnes. Mr Mittal wrote “We want to be at the forefront of supporting the rapid and sustained rise in steel consumption in India over the coming decade and will continue to invest significantly across the business to achieve this. Expanding Hazira’s steelmaking capacity to 15 million tonnes per annum remains a critical aspect of the growth plan and will benefit AM/NS India as well as India.”But even as AM/NS India expands capacity, efforts are being made to ensure cost competitiveness. Mr Mittal said, “We must consistently strive for stable and cost-effective steel making operations. Real progress has already been made here, with the commencement of mining operations in Odisha, the commissioning of a second pellet plant at Paradeep, and strong progress being made with the debottlenecking project at Hazira.”The third pillar in the vision is to build a portfolio of value-added products and exploit innovation and technology to achieve stronger financial returns. Mr Mittal wrote “The advanced technology we’re currently deploying at Hazira will play an important role here, ensuring manufacture of higher-grade auto and plate mill products, among others.”And finally, the aim must to be a leader in sustainable development. Mr Mittal wrote “This involves a broad range of issues but three come to the fore. The first being safety, the second, diversity and inclusion and finally at the heart of sustainable development for every steel company is climate change. AM/NS India is certainly well placed to draw from its parents’ learning’s and support the global and national vision for an energy transition to cleaner, greener steel, but I also encourage you to think about climate change in your work and business planning. Reaching net zero will involve a huge, collective effort; we all have a role to play and a contribution to make.”Last year, ArcelorMittal announced a group-wide commitment to being carbon neutral by 2050 and this year it has set out a 25 % emissions intensity target across the group by 2030.AM/NS India started its journey on December 16, 2019, after ArcelorMittal completed the acquisition of Essar Steel in INR 42,000 crore deals under India’s insolvency law and established a 60:40 joint venture with Nippon Steel Corporation.