ArcelorMittal sets up Corporate Responsibility team in India

Mumbai, Apr 24 (UNI) ArcelorMittal has appointed a three member India Corporate Responsibility team to lead the initiatives at it's projects in Jharkand and Orissa.

ArcelorMittal Vice President (CR) Remi Boyer, in a release issued here said, the Indian CR team would identify and prioritise the development needs of the project areas, that would sustain growth of the society and economy.

''We will continue to engage all relevant parties to build an R&R plan on a convergent model that benefits all stakeholders,'' Mr Boyer said.

''The appointments strengthen the Company's resolve to achieve an appropriate balance between Corporate Responsibility and growth, in business operations,'' ArcelorMittal India CEO Dr Sanak Mishra said.

The three team members were -- Country Head - Corporate Responsibility Resettlement&Rehabilitation Sudhir K Sinha, Corporate Responsibility Head - Jharkhand Sumana Datta and Corporate Responsibility Head - Orissa Bibhudendu Panda.

ArcelorMittal has announced two steel projects in Jharkhand and Orissa, with a total investment of USD 20 billion (approximately Rs 80,000 crore), which will include iron-ore mines, power and steel plants of 12 million tonnes per annum capacity each, representing a total steel capacity of 24 million tonnes. The two plants would be commissioned in two phases at six million tonnes each.

UNI VK GR AG1706