HomeSteel & CommoditiesAM/NS India & Festo India ink MoU

AM/NS India & Festo India ink MoU

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ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers – and Festo India, the world’s leading manufacturer and supplier of automation technology and technical education, recently announced the signing of a Memorandum of Understanding (MoU) at the Festo Corporate Center in Stuttgart, Germany.

The partnership will focus on development of New Age Makers Institute of Technology (NAMTECH), an ArcelorMittal Nippon Steel India education initiative aimed at delivering an integrated model of high-quality engineering and technical education, with special emphasis on manufacturing and sustainability. NAMTECH will start operating an interim campus in the Research Park at IIT Gandhinagar, Gujarat, from August 2023.

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