Which Indian company invested $2.1 billion to set up a steel plant in Bolivia?
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Tata Steel
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Jindal Steel and Power
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Stainless Steel India
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None of these
B
Correct answer
Explanation
Jindal Steel and Power (JSPL) invested $2.1 billion to set up a steel plant in Bolivia, making it one of the largest Indian investments in Latin America. This was part of JSPL's global expansion strategy to access iron ore reserves. Tata Steel has international operations but this specific Bolivian investment was by Jindal.