Interview Times 
One of the very few Odia business personalities who have earned a reputation of value & ethical business practitioner happens to be Mr. Pankaj Lochan Mohanty ,Chairman cum Managing Director- MGM Group of Companies. It is widely believed of his integrity and samritan spirit in the business sphere. Of late,he was invited by the Govt.of Odisha to share the dias with Country’s top industrialists along with the Chief Minister of Odisha in the recently concluded Make-in-Odisha Conclave 2022.
MGM Group majorly known for its operative businesses in the iron and steel sector. It has1.5 million tonnes of iron ore mines annually and producing quality iron ore. It has been given a 6-star rating by the Indian Bureau of Mines and has been rated as ISO 75001: 2014, IS4O 9001: 2015, IS4O 18001: 2015”.
The company has installed a 350-tonne sponge iron and a 4-megawatt power plant. We are converting the plant into a mini-steel plant, employing 1,000 people directly to produce 40.25 million tonnes of steel TMT rods and wire rods”.
Apart from its core competencies in iron and steel business, MGM Group is foraying into the green energy space. It has plans to set up a 10 MW solar power project. We are also setting up a garment factory recruiting more than 1,000 women. There are big plans for the weaving sector. We will also set up a new unit at Bhadrak Weaving Park. Besides, our company plans to set up an ethanol factory in Boudh district.
MGM is also in the process of setting up a sports academy in the state for which land identification has taken off. The objective of the proposed academy is to groom young talents as emerging athletes who will represent the country at international sports events.
Mhe MGM Group is deeply committed towards Environmental Protection and Sustainability Development issues. The Group believes in leaving behind an everlasting legacy for others to follow.
Mining Magnate Pankaj Lochan Mohanty has decided to invest in Luxury Hospitality Sector in the Holy City.
With International Airport planned in the outskirts of World Famous Puri City, and Puri Heritage Corridor is unveiled to transform the City into an International Place of heritage, Mr.Mohanty, Chairman and Managing Director of MGM Group of Companies is going to have its maiden investment for a 5 Star Luxury Hotel & Resort in the New Marine Drive Road of Puri.
