Kalyani Steels to Invest Rs 117.50 Bn in Odisha Manufacturing Unit

27 Feb 2024 CW Team

Kalyani Steels has inked a Memorandum of Understanding (MoU) with the Odisha Government to establish a substantial manufacturing unit in the state. The company is set to make a significant investment of Rs 117.50 billion in this venture, marking a strategic move towards bolstering industrial infrastructure and contributing to economic growth in Odisha.

The MoU outlines the collaborative efforts between Kalyani Steels and the Odisha Government, emphasising the state's favourable business environment and the company's commitment to establishing a robust manufacturing presence. The substantial investment is expected to generate employment opportunities, stimulate economic development, and foster technological advancements in the region.

This initiative aligns with Odisha's vision for attracting investments and promoting industrial growth. Kalyani Steels' decision to choose Odisha as the location for its manufacturing unit signifies the state's appeal as an investment destination and showcases the potential for mutually beneficial partnerships between the government and the private sector in driving economic progress.

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..