A new video from Washington DC featuring Essar Group co-founder Ravi Ruia announcing a massive $18 billion investment to build America's largest steel plant in Iowa has taken social media by storm. Shared by @PTI_News, the video captures the historic business announcement alongside a lighthearted remark from US President Donald Trump.
According to the viral clip sourced from White House footage, as Ravi Ruia announced the monumental $18 billion (approx Rs 1.44 lakh crore) investment project, President Trump humorously quipped, "I heard it is 20," bringing a smile to attendees' faces. Business reports indicate this venture will establish America's largest steel plant in Iowa, marking a significant milestone in Indo-US industrial cooperation and generating extensive local employment.
Netizens and financial analysts have been actively discussing both the scale of the investment and Trump's witty reaction. While further details regarding the project's timeline are awaited, the announcement has firmly placed Indian corporate global expansion at the center of international news cycles.
