Bhubaneswar: The Vedanta Group is set to invest an extra Rs 1 lakh crore in Odisha, generating over one lakh direct and indirect jobs, officials announced on Thursday. This initiative includes a Rs 2,000-crore ferro-alloys facility in Keonjhar, along with two new aluminium parks—one in Jharsuguda and another at a location designated by the State government. Vedanta Group Chairman Anil Agarwal presented the investment proposal to Chief Minister Mohan Charan Majhi on Thursday. The company has previously invested approximately Rs 1 lakh crore in the State. “This significant investment will greatly enhance Odisha’s industrial development, with @Vedanta_Group committing around Rs 1 lakh crore to create over 1 lakh employment opportunities,” stated a post from the Chief Minister’s Office on X.
The CMO also mentioned that the State government will provide full support for these investments, including land and necessary infrastructure.