<h1>AMNS India begins land acquisition in Andhra Pradesh for new steel plant; initial payment completed, possession expected soon.</h1> AMNS India has initiated the land acquisition process in Andhra Pradesh for a new steel manufacturing facility, with the initial payment completed and possession expected soon. The project, located in Anakapalli district, aims to establish a state-of-the-art integrated steel plant in Rajayapeta with an initial capacity of 7.3 million tonnes per annum. AMNS India, a joint venture between ArcelorMittal and Nippon Steel, is expanding its presence in Indian steelmaking. The investment is expected to create jobs and contribute to sustainable economic growth in the region. Further investment details were not disclosed.