Return of the Manof Steel

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

Tempo

February 13, 2007

tempo

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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