JSW To Invest Rs 1 Lakh Crore In Odisha

Odisha is on track to become a trillion-dollar economy in the near future, serving as a gateway to east and southeast Asia,

by Soumayashree Mishra
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The JSW Group has committed to investing Rs 1 lakh crore in Odisha across multiple sectors, including a mega greenfield steel plant project in Paradip, according to Chairman Sajjan Jindal here on Thursday.

 

“Before Covid, for nearly four years, we had committed to invest Rs 60,000 crore in Odisha, of which Rs 30,000 crore has already been invested and projects worth another Rs 30,000 crore is underway,” Jindal said at the ‘Make in Odisha’ conclave. Today, we commit to investing another Rs 1 lakh crore in various sectors across the state.”

 

According to him, the funds will be used to construct a mega greenfield steel plant project in Paradip, as well as a silicon metal plant that will be used to manufacture solar panels, renewable energy, and a variety of other products. A

 

Jindal advised the state government to invest in infrastructure because only the government can do so.”

 

Odisha is on track to become a trillion-dollar economy in the near future, serving as a gateway to east and southeast Asia, according to Odisha Chief Minister Naveen Patnaik, who addressed the conclave.

 

Odisha, according to Patnaik, is a progressive state with a clear focus on transformation in all sectors. According to him, stable governance is the foundation of peace, prosperity, and progress.

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