Massive investments to create over 4.5 lakh jobs as the state accelerates industrial development Bhubaneswar: Odisha has recorded strong industrial growth over the last 20 months, approving 324 large and medium industries with a proposed investment of Rs 7,06,209 crore. These projects are expected to generate employment for 4,57,252 people, Industries Minister Sampad Chandra Swain…
Investment will support Odisha steel plant, boost production capacity, and strengthen India–Japan industrial partnership Bhubaneswar: Japan’s JFE Steel Corporation will invest ₹15,750 crore to form a major joint venture (JV) with Sajjan Jindal–led JSW Steel. The investment will be used to jointly operate the Bhushan Power & Steel Ltd (BPSL) integrated steel plant located in…
Odisha targets USD 500 billion economy; major industrial, infrastructure push announced Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi inaugurated the ‘Samruddha Odisha 2036 Conclave’ organised by the Utkal Chambers of Commerce and Industry (UCCIL) in Bhubaneswar on November 25, 2025, outlining an ambitious growth vision for the state over the next decade. During his address,…
Mega steel plant, IT plans and Rs 1.20 lakh crore investment pipeline highlighted during district visit Bhubaneswar: Chief Minister Mohan Charan Majhi announced a series of development initiatives and outlined a long-term vision for transforming Keonjhar during his visit to the district. The CM, who hails from Keonjhar, received a warm and emotional welcome as…
Move Seen as Part of Larger Strategy to Strengthen Balance Sheet and Forge Global Alliances Bhubaneswar: JSW Steel is reportedly in advanced discussions to divest up to 50 percent of its ownership in Bhushan Power & Steel Ltd (BPSL), with Japan’s JFE Steel emerging as the frontrunner to acquire the stake. The potential sale, if…
District administration imposes restrictions under Section 163 of BNSS to prevent clash between rival groups Bhubaneswar : Amid renewed tension over the proposed JSW steel project in Dhinkia, the Jagatsinghpur district administration has imposed prohibitory orders under Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS) for one month. The restrictions have been enforced at…
ACS Hemant Sharma highlights roadmap for industrial-led growth at TNIE Odisha Dialogues Bhubaneswar : Odisha is witnessing a generational shift in public perception—from resistance to a strong demand for industrial development. This growing acceptance and aspiration for industries is propelling the state’s journey towards achieving the vision of a developed Odisha by 2036, said Hemant…
The Sambalpur facility strengthens JSW Cement’s manufacturing footprint and supports Odisha’s industrial growth drive and to Boost Eastern Market Presence Bhubaneswar : JSW Cement, part of the US$23 billion JSW Group, has commissioned a new state-of-the-art cement grinding unit in Sambalpur, Odisha, through its majority-owned subsidiary, Shiva Cement. The facility, developed in collaboration with Bhushan…
Corporate-Recyclers Conclave 2025 highlights circular economy, sustainable practices, and the integration of recyclers into mainstream industry Bhubaneswar : The Corporate-Recyclers Conclave 2025 kicked off in Bhubaneswar uniting corporate leaders, recyclers, and academic institutions under one roof to accelerate India’s transition towards a circular economy. Organized by Manav Sansadhan Vikas Sansthan (MSVS), the conclave served as…
Producers highlight high iron ore premiums and call for government action to ensure global edge Bhubaneswar : India’s leading steel producers have urged the government to take immediate steps to lower input costs, particularly iron ore and coking coal, in order to maintain global competitiveness. At the ISA Steel Conclave 2025 held, top executives from…
