In an important event held in Washington DC, Essar Group co-founder Ravi Ruia announced a massive $18 billion investment (approximately Rs 1.44 lakh crore) to build America's largest steel plant in Iowa. US President Donald Trump, who was present at the event, made a lighthearted joke during the announcement.
According to the video shared by news agency PTI on X, US President Donald Trump playfully joked, "I heard it is 20," as Ravi Ruia announced the monumental investment. The light moment between the business leader and the US President has quickly gained traction across social media platforms.
Sourced from White House footage, this announcement marks a significant milestone for international industrial investments in the US. Social media users and analysts have been actively discussing the economic impact of this multi-billion-dollar project on the American steel industry.
