Essar eyes $18-billion US steel plant: Why Indian firms are investing in US amid tariffs
Essar Group announced an $18-billion investment to build a fully integrated steel plant in the US, marking the largest single location investment in American steel. This move aligns with Prime Minister Narendra Modi's vision for enhancing India-US economic ties. The investment coincides with Union Minister Piyush Goyal's visit to the US for G20 Trade Ministers' discussions.