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Mittal coming to perk up India plans

Our Bureau

New Delhi , July 5

Steel tycoon Mr Lakshmi Niwas Mittal is expected to reach Delhi on Friday to explore new business opportunities and take stock of the company's India plans.

Mr Mittal, who recently merged his steel company Mittal Steel with rival Arcelor thus creating the world's biggest steel conglomerate, is likely to meet the Prime Minister, Dr Manmohan Singh, the Petroleum Minister, Mr Murli Deora, and other Ministers, besides the Orissa Chief Minister, Mr Navin Patnaik, sources said.

An Orissa Government statement said that Mr Mittal is likely to meet Mr Patnaik on July 7 and may discuss investment plans in the State.

Besides steel and mines, Mr Mittal is also learnt to have expressed interest in the country's hydrocarbon sector. Mittal Steel already has a tie-up with state-run Oil and Natural Gas Corporation for exploration.

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Deal makes Arcelor's entry into India easier

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