6 months ago
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Vedanta Group, a planetary multinational mining company, has projected concern to the tune of ₹1,00,000 crore for processing downstream industries successful Odisha.
Vedanta Chairman Anil Agarwal connected Thursday (October 23, 2025) met Chief Minister Mohan Charan Majhi and discussed his group’s projected concern projects successful the State. According to Chief Minister’s Office, the State authorities assured afloat enactment for these investments, including the proviso of required onshore and different infrastructure facilities.
“The radical projected that an ultra-modern ferro-alloys works volition beryllium established successful Keonjhar to heighten Odisha’s lasting successful the planetary metallic worth chain. Vedanta volition put ₹2,000 crore successful this project,” the CMO said successful a statement.
Moreover, Vedanta would acceptable up 2 caller Aluminium Parks successful Odisha. “One of these parks volition beryllium located adjacent its aluminium works astatine Jharsuguda, portion different volition travel up astatine a tract identified by the State Government,” it said.
These state-of-the-art parks volition nutrient high-grade aluminium alloys suitable for usage successful aerospace, electrical vehicles, and defence sectors. This volition pull large-scale downstream investments and importantly boost the MSME assemblage successful Odisha.
“State Government is committed to realizing the Prime Minister’s imaginativeness of Viksit Bharat. Through infrastructure improvement and concern investments by companies similar Vedanta, Odisha volition execute this goal,” said Mr. Majhi.
He further stated that specified initiatives volition not lone accelerate economical maturation but besides make immense opportunities for the youth, empower people, and acceptable the crushed for Odisha to go a 500 cardinal dollar system by 2036.
“This monolithic concern volition beryllium a game-changer for the agleam aboriginal of Odisha,” the Chief Minister added.
