TOKYO — India’s rising economic system is attracting large investments from Japan’s Nippon Steel and different steelmakers, who’re hoping to money in on the federal government’s plans to spice up metal manufacturing capability 2.5-fold from 2015 ranges to 300 million tonnes by 2030.

Nippon Steel and Europe’s ArcelorMittal are increasing their joint metal plant in Hazira, a city within the state of Gujarat on India’s west coast.