Steel tycoon to build 5 billion pounds plant in his native India

摘要

Guardian 8/7/2006 -Lakshmi Mittal, the world's fifth richest man, gave a 5 billion pounds vote of confidence in the country of his birth yesterday by announcing plans to build his first steel plant in India. Mr Mittal, who was born in India but left the country to create the largest steel company the world has ever seen, said he wanted to 《partner the growth of lndia》. The steel magnate, who retains his Indian passport, moved to London in 1995 partly to keep track of his far-flung empire. Last week the 56-year-old's audacious 29 billion eours takeover bid for Arcelor, the world's second biggest steelmaker, succeeded despite hostility from the governments of France and Luxembourg, where many of its plants were based. India's trade minister described the opposition as thinly veiled 《racism》.