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United News of India
25-04-2025
- Business
- United News of India
Odisha establishes high-level Task Force to ensure smooth operation of Industries in the State
Bhubaneswar, Apr 25 (UNI) The Odisha Government has undertaken several initiatives, including the establishment of a high-level task force, to ensure the smooth commissioning and operation of industries within the state, Chief Minister Mohan Charan Majhi announced. Addressing the Odisha State Roundtable at India Steel 2025, organized by the Ministry of Steel, Government of India, in collaboration with FICCI in Mumbai on Friday, Majhi reaffirmed Odisha's position as the "Steel Capital of India" and emphasized the state's critical role in advancing the Viksit Bharat 2047 vision. The session, held at the Bombay Exhibition Centre, showcased Odisha's steel capabilities and future vision under the theme "Samruddha Odisha." Discussions during the State Roundtable focused on expanding steel production and raw material supply, with the Chief Minister highlighting Odisha's strategic advantages in the steel and metals sector. The event was attended by more than 200 delegates from Mumbai-based steel sector industries. Industry leaders from prominent firms such as Tata Steel, AMNS, JSW, JSL, and SAIL, among others, shared valuable insights and outlined their growth plans for Odisha during the roundtable. Several other major companies, including Kalyani Steel, Shyam Steel, Shree Metaliks, Calderys India, and Sarvesh Refractories, represented by senior officials, also participated and discussed opportunities for industrial growth in Odisha in the coming years. The session was also graced by Bobylev Petr, Director of Coal Industry Development, Ministry of Energy, Russian Federation, and Artem Ukolov, Head of the Oil and Gas Department, Russian Trade Commission. This was followed by a one-on-one meeting with the Chief Minister to explore potential avenues for collaboration between the two governments. Majhi stated that Odisha is the largest producer of iron ore in India, playing a pivotal role in the success of the steel sector by contributing over 55 percent of the nation's total iron ore production. He further emphasized that the state is committed to meeting the specific needs of every industry operating in this vital sector—ranging from securing raw materials and providing encumbrance-free land to ensuring robust connectivity via road and rail and the provision of essential utilities such as electricity and water. The Chief Minister added that the Odisha Government aims to develop a comprehensive metal-based manufacturing value chain, stretching from raw material extraction to the production of high-end engineering products. He also announced that Odisha's Vision 2036 for Industrial Development lays out an ambitious roadmap focused on strengthening both upstream and downstream linkages, and promoting engineering goods, mining machinery, transport systems, and components for the defense and aerospace sectors. UNI DP SJC
Time of India
25-04-2025
- Business
- Time of India
State targets 130MT annual steel production by 2030
1 2 Bhubaneswar: CM Mohan Charan Majhi on Friday announced ambitious plans to boost the state's steel manufacturing capacity to over 130 million tonnes annually by 2030, positioning Odisha as India's steel manufacturing hub. Speaking at the ' India Steel 2025 ' conference in Mumbai, Majhi highlighted that Odisha currently leads the nation in both crude and stainless steel production, with 54 integrated plants having a total installed capacity of 41.21 million tonnes per annum (MTPA). "We are transitioning from a model of resource extraction to value creation," stated Majhi, emphasising the state's commitment to developing a comprehensive metal-based manufacturing value chain. The ambitious target would require around 190 million tonnes of iron ore to be made available within the state. The CM assured investors of sufficient mineral resources, noting that Odisha contributes 55% of India's iron ore production . The state is now auctioning eight major mineral blocks with a combined resource of 323 million tonnes and plans to auction 22 more blocks by March 2026. "Following the 2015 MMDR Act amendment, we successfully auctioned 44 major mineral blocks. We are now proceeding with more auctions to strengthen our mineral sector," said Majhi. The CM emphasised Odisha's contribution to India's mineral production, noting that the state accounts for 47% of the total output. He projected that Odisha's share in iron ore production would increase from the current 58% to 70% by 2030-31, with production reaching 240-245 million tonnes. To support the growth, the Odisha Mining Corporation aims to increase its iron ore production to 75 million tonnes by 2029-30. State govt has also implemented a long-term 'Linkage Policy' to ensure transparent and timely raw material supply to end-users. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo The announcement aligns with India's vision for 2047 and comes amid significant infrastructure investments in railways, highways, airports and ports in the state. In the conference organised by the ministry of steel, CM Majhi chaired a session on 'State Roundtable: Odisha — Focusing on Expanding Steel Production and Raw Material Supply'. India's top steel producers, including Tata Steel, JSPL, JSW, SAIL, AM/NS and others, participated in the session.
Time of India
24-04-2025
- Business
- Time of India
CM to attend steel meet in Mumbai
Bhubaneswar: Chief minister Mohan Charan Majhi is scheduled to lead Odisha's delegation at India Steel 2025 conference in Mumbai on Friday, positioning the state to strengthen its status as India's steel capital. The CM will chair the "State Roundtable: Odisha – Focusing on Expanding Steel Production and Raw Material Supply", featuring participation from industry giants including Tata Steel , JSPL, JSW, SAIL and AM/NS, a press release said. The three-day conference, which started on Thursday, is organized by the ministry of steel in collaboration with FICCI at the Bombay Exhibition Centre, Goregaon. Following the roundtable, CM Majhi will hold one-on-one B2G meetings with leading industrialists from the steel sector. He is also scheduled to meet representatives from the Indian Chemical Council (ICC) and Indian Drug Manufacturers Association (IDMA) to showcase Odisha's sectoral opportunities.
