Odisha CM launches 24 projects worth ₹1.15 lakh crore including Tata Steel expansion & global investments from Germany/Japan/USA. 36,000 jobs created.
Mega Industrial Push in Numbers
💰 Total Investment: ₹1,15,000 crore
👷 Employment Generation: 36,000 jobs
🏭 Projects Launched: 24 (4 inaugurated + 20 foundation stones laid)
🌍 Foreign Participation: Germany, Japan, UK, USA
Flagship Projects Inaugurated
1. Tata Steel’s Game-Changer Expansion
- Investment: ₹47,599 crore
- Capacity: 5 MTPA integrated steel plant at Kalinga Nagar
- Jobs: 4,625 direct employment opportunities
2. Other Key Inaugurations
- JSL Group: Petroleum & solar power venture (₹470 crore)
- Jatia Steel: TMT Rebar/Wire Rod Mill (₹220 crore, 0.75 MTPA)
- Abis Exports: Poultry feed plant (₹161.57 crore)
Transformational Groundbreakings
1. Neelachal Ispat Nigam’s Mega Expansion
- Investment: ₹61,769 crore
- Capacity: 8.52 MTPA steel plant
- Jobs: 14,000 direct positions
- Significance: To become Odisha’s largest steel facility
2. Global Investors Betting on Odisha
| Company | Origin | Investment | Specialization |
|---|---|---|---|
| TYK Ceramics | Japan | ₹57 cr | Advanced refractories |
| Almamet India | Germany | ₹50.6 cr | Magnesium granules |
| Neo Industries | USA | ₹72 cr | Chrome plating tech |
| Corewire | UK | ₹50.1 cr | Steel roll rebuilding |
| Lechler India | Germany | ₹1.5 cr | Precision nozzles |
3. Industrial Gas Infrastructure Boost
- Linde India: ₹425 crore air separation unit
- Purpose: Support steel industry with reliable gas supply
Strategic Impact on Odisha’s Economy
1. Steel Sector Dominance
- Consolidates position as India’s steel hub with 3 new mega plants
- Creates integrated metallurgical ecosystem from raw materials to value-added products
2. Technology Transfer
- Japanese refractory tech (TYK Ceramics)
- German precision engineering (Almamet, Lechler)
- American surface finishing expertise (Neo Industries)
3. Employment Revolution
- 14,000 jobs from NINL expansion alone
- Skilled positions in advanced manufacturing
- MSME growth through ancillary opportunities
Leadership Vision
“Today we’re not just laying stones, but building Odisha’s industrial future. These projects ensure our youth can prosper in their homeland.”
– CM Mohan Charan Majhi
- 113-day delivery since Make-in-Odisha commitments
- Multi-sectoral growth across steel, chemicals, renewables
Global-Endorsed Industrial Hub
🇩🇪 German firms: 3 projects
🇯🇵 Japanese precision: Refractory tech
🇬🇧 UK expertise: Steel roll refurbishment
🇺🇸 American innovation: Surface treatment