Odisha Aims to Triple Steel Production to 130 MT By 2030: CM Majhi
Steel

Odisha Aims to Triple Steel Production to 130 MT By 2030: CM Majhi

Odisha Chief Minister Mohan Charan Majhi announced that the state aims to more than triple its steel production capacity from 41 MT to 130 MT by 2030. He was speaking at the Steel India 2025 event in Mumbai, jointly organised by the Ministry of Steel and FICCI.

To attract fresh investment, Odisha plans to auction 22 mines. The Chief Minister also emphasised that the state intends to become one of India’s top five industrial hubs by promoting downstream steel processing industries.

Majhi highlighted Odisha’s emergence as an economic power among India's leading states, aiming to contribute around 50 per cent of the country's total steel output by 2030. During the "Utkasrh Odisha" conclave held earlier in January, the state received investment proposals worth Rs 17 trillion, a significant share of which was directed towards the steel sector.

The Chief Minister also outlined Odisha’s new industrial policy, claiming it offers clearer and simpler financial incentives than those provided by other states. This strategic focus aims to strengthen Odisha’s industrial base and secure its leadership in the country’s steel industry.

Source: The Hindu


Odisha Chief Minister Mohan Charan Majhi announced that the state aims to more than triple its steel production capacity from 41 MT to 130 MT by 2030. He was speaking at the Steel India 2025 event in Mumbai, jointly organised by the Ministry of Steel and FICCI.To attract fresh investment, Odisha plans to auction 22 mines. The Chief Minister also emphasised that the state intends to become one of India’s top five industrial hubs by promoting downstream steel processing industries.Majhi highlighted Odisha’s emergence as an economic power among India's leading states, aiming to contribute around 50 per cent of the country's total steel output by 2030. During the Utkasrh Odisha conclave held earlier in January, the state received investment proposals worth Rs 17 trillion, a significant share of which was directed towards the steel sector.The Chief Minister also outlined Odisha’s new industrial policy, claiming it offers clearer and simpler financial incentives than those provided by other states. This strategic focus aims to strengthen Odisha’s industrial base and secure its leadership in the country’s steel industry.Source: The Hindu

Next Story
Infrastructure Transport

NF Railway Launches Girder on World’s Tallest Pier Bridge in Manipur

The Northeast Frontier Railway (NFR) has reached a significant engineering milestone by successfully completing the girder launch on the iconic Noney Bridge in Manipur.Regarded as an engineering marvel, the Noney Bridge is recognized as the world’s tallest railway pier bridge. It forms a crucial part of the 111 km long Jiribam-Imphal railway line project.Recently, the final span of the bridge was successfully erected, marking the completion of all eight spans of this monumental infrastructure venture.Kapinjal Kishore Sharma, Chief Public Relations Officer of NFR, stated that this accomplishm..

Next Story
Infrastructure Urban

Cube Highways Trust Reports Rs 34.53 Bn Total Income in FY25

Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors, concluded its second financial year post-listing on a strong note by reporting a total consolidated income of Rs 34.53 billion for the financial year 2025, marking a 12.3 percent year-on-year (YoY) increase.According to the official media release, Cube InvIT posted a consolidated earnings before interest, tax, depreciation, and amortisation (EBITDA) of Rs 2,380 crore, reflecting a 21.7 percent YoY growth. During the year, traffic volumes increased by 6.2 percent, while the Asset Under Management (AUM) grew 25 percent to ..

Next Story
Infrastructure Transport

New Flyover to Ease Traffic on Hyderabad’s Busiest Road

To improve urban connectivity and reduce traffic congestion in the city, the Greater Hyderabad Municipal Corporation (GHMC) will undertake the construction of a two-lane unidirectional flyover at NFCL Junction in Banjara Hills, along with a two-lane unidirectional underpass and a three-lane unidirectional flyover at TV9 Junction, as part of the state government’s prestigious Hyderabad City Innovative and Transformative Infrastructure (H-CITI) programme.The NFCL Junction flyover will be a two-lane unidirectional structure extending from Banjara Hills Road No. 3 towards GVK Mall. It is planned..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?