India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Odisha Chief Minister Mohan Majhi and Vedanta Group Chairman Anil Agarwal jointly unveiled a ₹1 lakh crore investment roadmap aimed at transforming Odisha into a leading industrial and manufacturing hub in India.
The roadmap outlines Vedanta’s long-term expansion plans across multiple sectors, including aluminium, steel, renewable energy, and semiconductors, with a strong emphasis on green and sustainable development. The initiative is expected to generate over one lakh direct and indirect jobs, while bolstering infrastructure and downstream industries in the state.
Anil Agarwal stated that Odisha, with its rich mineral base and progressive policies, is poised to become the “natural capital of India’s industrial future.” The new investments will focus on value addition, energy efficiency, and technology-led manufacturing, aligning with India’s broader “Make in India” and Net Zero 2070 missions.
Chief Minister Majhi highlighted that the state government will provide fast-track clearances and infrastructure support to facilitate industrial growth and ensure inclusive development.
This massive investment push reaffirms Odisha’s growing prominence as a national industrial powerhouse, driving sustainable economic growth and employment opportunities across key sectors.
Also Read : Lloyds to Invest ₹20–22 Billion in 4 MTPA Integrated Steel Plant SAIL Powers Construction of India’s longest Himalayan Road Tunnel.
Iron ore futures may fall further than the nearly seven-month low reached on Monday, favouring India...
Ferrous 11-Mar-2024
Ukrainian Steel Exporters Unveils $22M Plan For Global Expansion Ukrainian steel exporters have unv...
Business 30-Jul-2025
The mineral production index for the mining and quarrying sector in December 2023 was 139.4, which i...
Raw Material 22-Feb-2024
India’s steel stocks rose on Tuesday after reports emerged that the government is considering...
Business 19-Mar-2025
Union Minister Dr Jitendra Singh has disclosed that India's nuclear power capacity is set for a rema...
Press Releases 07-Feb-2024
India's mineral output increased by 8% in February compared to the same month last year, the governm...
Press Releases 03-May-2024