The Indian investor would inject $100 million in ZimAlloys ONE of India’s leading ferrochrome manufacturers, Balasore Alloys, controlled by the Mittal family, is on the cusp of taking over chrome miner, Zimbabwe Alloys (Zim Alloys), with plans to inject nearly $100 million to revive the company. Balasore Alloy’s formerly Ispat Alloys Limited is part of the renowned Ispat group of companies, a major business house in the country, promoted by the Mittals. The groups companies are spread across several counrtries besides India. Zim Alloys, a former subsidiary of Anglo American Corporation, was sold to a consortium of local businessmen, who included banker Farai Rwodzi and Pacific Cigarettes founder Adam Molai, in 2005 but soon ran into…