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Tata Steel's NINL to invest ₹61,769 crore in Odisha plant expansion.
Project to increase capacity from 0.98 MTPA to 9.5 MTPA.
Approximately 14,000 jobs to be created, enhancing regional employment.
Expansion supports India's goal of 300 MTPA steel production by 2030.
Tata Steel's subsidiary, Neelachal Ispat Nigam Limited (NINL), is set to undertake a significant expansion of its steel plant in Odisha's Jajpur district. With an investment of ₹61,769 crore, the project aims to increase the plant's capacity from 0.98 million tonnes per annum (MTPA) to 9.5 MTPA. This expansion is expected to create approximately 14,000 jobs, comprising 4,500 direct and 9,500 indirect employment opportunities.
The expansion plan includes the development of advanced infrastructure, such as a captive power plant and enhanced transportation facilities, to support the increased production capacity. The project aligns with India's National Steel Policy, which targets a production capacity of 300 MTPA by 2030.
Odisha Chief Minister Mohan Charan Majhi emphasized the state's commitment to industrial growth, stating that such investments mark a historic turning point for the region. The expansion is part of a broader initiative to transform Odisha into a major industrial hub, attracting both domestic and international investors.
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