Vedanta to Invest Rs 1 Tn in Odisha for Aluminium Hub Development

04 Apr 2025 CW Team

In a major push to Odisha鈥檚 industrial landscape, Vedanta Ltd. has announced a Rs 1 trillion investment to set up a state-of-the-art aluminium park in Jharsuguda and a 3 MTPA aluminium plant in Rayagada district.

Spread across 253 acres, the proposed Jharsuguda Aluminium Park will accommodate over 100 MSMEs and is expected to generate 2 lakh employment opportunities, according to the company鈥檚 statement. The park aims to catalyse downstream industries and attract aluminium-reliant manufacturing units.

Sunil Gupta, COO of Vedanta Aluminium, underscored the company鈥檚 focus on women empowerment, skill development, and environmental sustainability in Odisha. 鈥淥ur Rs 1 trillion investment reflects our deep confidence in Odisha鈥檚 potential to lead India鈥檚 industrial revolution,鈥� he noted.

The announcement comes on the heels of a Memorandum of Understanding (MoU) signed with the Odisha Government during the 鈥楿tkarsh Odisha-Make in Odisha Conclave鈥� in January 2025.

Vedanta currently operates a 1.8 MTPA aluminium smelter in Jharsuguda, a 3.5 MTPA alumina refinery in Lanjigarh, and several mining projects across the state. The new investment is expected to further Odisha鈥檚 emergence as India鈥檚 aluminium capital, fuel industrial growth, and open vast employment avenues.

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