Mittal's causal demeanour belies the size of his ambition and his business acumen, qualities his French business adversaries must now be only too familiar with. I have also noticed with some amusement that ever since his success, India seems to have co-opted Mittal as one of its own. We have conveniently forgotten that his success has nothing to do with India. If anything, it is a comment on Indian conditions. Had he remained here, it would have restricted his ambitions and Mittal would have stayed an anonymous member of a large business family.
Today he heads a steel business whose total capacity is three times that of its nearest rivals and three times India's total steel consumption and Arcelor Mittal now controls 10 percent of global steel production. It is a position Mittal has acquired at the end of two decades of work.
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