Essar Group to Invest ₹1.7 Lakh Crore

News18 Hindi · india

Indian conglomerate Essar Group has announced plans to build a steel plant in the United States with an investment of $18 billion (approximately ₹172,776 crore). US President Donald Trump expressed his delight, stating it would be the largest steel plant in the country's history. This significant investment is expected to create numerous job opportunities in America. The deal marks a major business development for Essar Group amidst global geopolitical tensions.