Return of the Manof Steel

Three decades ago Lakshmi Mittal opened a business in Indonesia. Now his family intends to invest here once again.

February 13, 2007

THREE hours. The time that Indonesias Vice President Jusuf Kalla spent at the Dolvi Complex, a well-known industrial estate in Mumbai, India, was only three hours. This short visit will however have long-reaching benefits in the future. In front of Kalla, Vinod Mittalthe owner of Dolvistated that he wanted to invest US$1.5 billion, or around Rp13.5 trillion, in Indonesia. These funds are for the initial investment over five years, said Vinod in t

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