Odisha Targets 100 Million Tonnes Steel Capacity By 2030
ECONOMY & POLICY

Odisha Targets 100 Million Tonnes Steel Capacity By 2030

Odisha has set a target to scale its steel production capacity to 100 million tonnes (100 mn t) by 2030, and Chief Minister Mohan Charan Majhi has urged steel companies to prepare a clear roadmap to meet the objective. At a high-level meeting in Bhubaneswar with industry and mining stakeholders, the Chief Minister said the state will facilitate clearances and policy support to enable higher iron ore production and seamless dispatch of the raw material.

Officials said iron ore output must be increased in line with the Mine Development and Production Agreement minimum dispatch obligations while remaining within regulatory limits. The government is preparing a comprehensive database of land acquired for compensatory afforestation to assist investors in assessing district-wise availability and has drawn up an annual auction calendar for 2026-27 to expedite allocation of mining blocks and improve predictability for industry planning.

The delegation included the president of the Indian Steel Association, Naveen Jindal, and senior executives from Tata Steel, JSW Steel and AMNS India. Industry representatives praised Odisha's mining policy and transparent auction system as supportive of revenue generation and investment, and they urged prioritisation of operational steel plants in ore allocation by the Odisha Mining Corporation. Jindal conveyed that sustained raw material security was critical to realising the capacity target and outlined practical inputs from companies.

Majhi highlighted regional imbalances and noted that mineral-rich districts continue to have a relatively low industrial presence, urging companies to expand into these areas to boost production and generate local employment. He asked firms to prioritise the basic needs and welfare of local communities as part of their investment plans. Senior officials including Chief Secretary Anu Garg, Development Commissioner Deo Ranjan Kumar Singh and leaders of the Odisha Mining Corporation were present and the state signalled readiness to combine policy incentives with administrative support.

Odisha has set a target to scale its steel production capacity to 100 million tonnes (100 mn t) by 2030, and Chief Minister Mohan Charan Majhi has urged steel companies to prepare a clear roadmap to meet the objective. At a high-level meeting in Bhubaneswar with industry and mining stakeholders, the Chief Minister said the state will facilitate clearances and policy support to enable higher iron ore production and seamless dispatch of the raw material. Officials said iron ore output must be increased in line with the Mine Development and Production Agreement minimum dispatch obligations while remaining within regulatory limits. The government is preparing a comprehensive database of land acquired for compensatory afforestation to assist investors in assessing district-wise availability and has drawn up an annual auction calendar for 2026-27 to expedite allocation of mining blocks and improve predictability for industry planning. The delegation included the president of the Indian Steel Association, Naveen Jindal, and senior executives from Tata Steel, JSW Steel and AMNS India. Industry representatives praised Odisha's mining policy and transparent auction system as supportive of revenue generation and investment, and they urged prioritisation of operational steel plants in ore allocation by the Odisha Mining Corporation. Jindal conveyed that sustained raw material security was critical to realising the capacity target and outlined practical inputs from companies. Majhi highlighted regional imbalances and noted that mineral-rich districts continue to have a relatively low industrial presence, urging companies to expand into these areas to boost production and generate local employment. He asked firms to prioritise the basic needs and welfare of local communities as part of their investment plans. Senior officials including Chief Secretary Anu Garg, Development Commissioner Deo Ranjan Kumar Singh and leaders of the Odisha Mining Corporation were present and the state signalled readiness to combine policy incentives with administrative support.

Next Story
Technology

LTTS Partners with Databricks to Advance Industrial AI

L&T Technology Services (LTTS) has entered a strategic partnership with Databricks to co-develop Industrial AI solutions for asset-intensive industries, including energy, petrochemicals, and manufacturing. The collaboration leverages LTTS’ engineering expertise across 600+ major plants with Databricks’ AI and analytics platform to convert operational data into actionable Engineering Intelligence.The partnership will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimisation, Overall Equipment Effectiveness, Production and Quality Intelligence, and Sust..

Next Story
Infrastructure Urban

Opptra Partners with Unicommerce to Scale AI-Driven E-Commerce

Opptra, the AI-native e-commerce distributor founded by Flipkart co-founder Binny Bansal, has partnered with Unicommerce to enhance operations across India, the GCC, and Southeast Asia. The collaboration integrates Opptra’s brand expansion expertise with Unicommerce’s AI-led Uniware platform, enabling centralised management of orders, inventory, and fulfilment across warehouses, stores, and sales channels.Opptra retains full commercial ownership of online brand operations, from marketplace strategy and pricing to fulfilment and customer service. Leveraging Unicommerce’s 350+ integrations..

Next Story
Real Estate

AHS Properties Acquires Shangri-La Hotel for AED 1.1 Billion

AHS Properties has acquired the Shangri-La Hotel on Sheikh Zayed Road for AED 1.1 billion from Mismak Asset Management, marking one of the largest single-asset real estate deals in recent history. The 43-floor, 200-metre tower, completed in 2003, was among the first five-star hotels on the corridor.This acquisition complements AHS Tower and AHS City, forming a vertical corridor strategy that represents a substantial portion of the developer’s AED 50 billion year-end 2026 pipeline. Founder and CEO Abbas Sajwani described the purchase as a long-term investment in structurally constrained asset..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement