Vedanta and Jindal Stainless to establish manufacturing parks
Steel

Vedanta and Jindal Stainless to establish manufacturing parks

Indian businesses entities Vedanta Aluminium and Jindal Stainless will build manufacturing parks close to their production facilities in Odisha, and Essar Capital. It will spend more than Rs. 500 billion in the region, the companies said in separate releases. The announcements were made at the Make In Odisha 2022 conference, which is now taking place.

Vedanta Aluminium, the largest producer of aluminium in India, would establish an aluminium park close to its primary smelter in Jharsuguda through a joint venture with the Odisha Industrial Infrastructure Development Corp. (IDCO).

Companies that use aluminium in their products can set up shop on the 253-acre park and draw molten aluminium from Vedanta's 1.75 million-tonne-per-year smelter. This will help these companies save energy by eliminating the need to remelt aluminium purchased as solid slabs or bars.

See also:
Vedanta to establish aluminium park in Odisha at Rs 10k cr
Nihon Kohden’s largest Indian manufacturing facility to be in MET City

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Indian businesses entities Vedanta Aluminium and Jindal Stainless will build manufacturing parks close to their production facilities in Odisha, and Essar Capital. It will spend more than Rs. 500 billion in the region, the companies said in separate releases. The announcements were made at the Make In Odisha 2022 conference, which is now taking place. Vedanta Aluminium, the largest producer of aluminium in India, would establish an aluminium park close to its primary smelter in Jharsuguda through a joint venture with the Odisha Industrial Infrastructure Development Corp. (IDCO). Companies that use aluminium in their products can set up shop on the 253-acre park and draw molten aluminium from Vedanta's 1.75 million-tonne-per-year smelter. This will help these companies save energy by eliminating the need to remelt aluminium purchased as solid slabs or bars. See also: Vedanta to establish aluminium park in Odisha at Rs 10k crNihon Kohden’s largest Indian manufacturing facility to be in MET City

Next Story
Building Material

India Must Curb Imports to Shield Aluminium Sector: ALEMAI

The Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to revise import duties, review free trade agreements (FTAs), and implement policies that encourage domestic consumption in order to mitigate the impact of increased US tariffs on aluminium imports.Speaking at the curtain raiser event of ALUMEX India 2025, India’s first dedicated aluminium extrusion exhibition, ALEMAI President Jitendra Chopra stated that although the industry has an installed capacity of three million tonnes per annum, only 1.2 million tonnes are currently utilised. In contrast, imp..

Next Story
Infrastructure Transport

Push Renewed for Ganjam Greenfield Airport Project

The long-standing demand for a Greenfield Airport in Ganjam district, Odisha, has regained momentum as local residents and leaders renew calls for swift action from both the state and central governments. Despite prolonged discussions over the years, a final decision on a suitable location is yet to be taken.The urgency intensified after the central government identified land for a greenfield airport just 30 km away, at Baruva in neighbouring Andhra Pradesh. In response, Odisha’s Transport Minister has urged authorities to establish a similar facility at Subani village, located close to the ..

Next Story
Infrastructure Transport

AAI Proposes Private Aviation Terminal at Pune Airport

The Airports Authority of India (AAI) has proposed the development of a dedicated general aviation terminal at Pune International Airport, exclusively for private helicopters and chartered aircraft. The proposal forms part of a larger 300-acre airport expansion project, estimated at Rs 30 billion, aimed at easing congestion and streamlining passenger movement at one of India’s fastest-growing aviation hubs.Currently, non-scheduled operators must share space with commercial airlines, leading to delays and operational bottlenecks. The proposed terminal seeks to resolve these issues by providin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?