Magazine

Bogged Down


Indian manufacturing projects facing delays due to land acquisition

ArcelorMittal: $20 billion

Two mills delayed at least two years; may be relocated

Posco: $12 billion

Three-year-plus delay; no construction started

Vedanta: $9 billion

Three-year delay getting land for mine; nearing completion

Jindal Group: $5 billion

Two steel mills in eastern India delayed more than a year

Tata Steel: $4.5 billion

Two-year-plus delay on mill in Orissa; some land acquired

GMR Energy: $1.2 billion

Year-long delay on power plant; still has just 70% of land

Nissan: $1.1 billion

Projects with two local partners delayed over a year


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