• Investment for creating a solid factory Indian state of Andhra


    ​​Dears\ Members of the Chamber


    The Asharqia Chamber presents you with its best regards and informs you that it has received the letter of the Council of Saudi Chambers No. (42502012) on (5/20/1442 ), referred to as the General Authority for Foreign Trade Telegram No. (09510) dated (02/14/1441​​), regarding the receipt of His Excellency Ambassador in India a letter from the Managing Director of YSR Steel Corporation Limited, Mr. Shan Mohan, which is owned by the state of Andhra Pradesh, including the company's request to cooperate to establish a greenfield steel plant in cooperation with the Indian government of Andhra Pradesh, and he looked forward in his speech to attract This project is the interest of the concerned parties wishing to invest in the steel industry, as the company has issued a global notice to request for proposals (RFP), confirming that the state government promises to provide 3,500 acres of land and external infrastructure and will provide financial facilities and contribute capital of up to 400 million US dollars from In order to ensure the speed of implementation of the project.

         For more information about the project, you can contact the Managing Director of YSR Steel Co., Ltd., Mr. Shan Mohan, on mobile number (00919494084851).

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