Jindal's Stainless Steel Park in Odisha set to attract Rs 10,000 cr Investments, 20,000 jobs

  • Industry News
  • Sep 18,23
In December of the previous year, Odisha Chief Minister Naveen Patnaik ceremoniously laid the foundation stone for this groundbreaking project.
Jindal's Stainless Steel Park in Odisha set to attract Rs 10,000 cr Investments, 20,000 jobs

Jindal Stainless (JSL) is establishing a stainless steel park in Odisha, which is anticipated to attract investments totalling Rs 10,000 crore from small-scale industries over the upcoming five years. Moreover, this industrial park, slated to commence operations within the next two years, is poised to generate approximately 20,000 job opportunities.

In December of the previous year, Odisha Chief Minister Naveen Patnaik ceremoniously laid the foundation stone for this groundbreaking project. Situated on a sprawling 271-acre tract of land in Kalinganagar, this venture represents India's pioneering stainless steel park.

Abhyuday Jindal, Managing Director of JSL, stated, "We are currently in the process of nurturing the ecosystem surrounding the park. Subsequently, we will extend invitations to companies to establish their presence within the park. With the steadfast support of the Odisha government, JSL is making substantial investments to ensure the timely completion of this project, which is expected to be finalised within the next two years."

Source: The Financial Express

Related Stories

Automation & Robotics
Primus Partners, ASSOCHAM spotlight AI in manufacturing at Odisha Conclave

Primus Partners, ASSOCHAM spotlight AI in manufacturing at Odisha Conclave

Primus Partners and ASSOCHAM unveil AI-led manufacturing roadmap at Odisha Manufacturing Conclave 2025, positioning Odisha as a model for industrial transformation.

Read more
Other Industrial Products
Calderys sets sustainability benchmark at Odisha refractories plant

Calderys sets sustainability benchmark at Odisha refractories plant

Calderys advances its green goals with the CAPES project in Odisha, integrating solar power, water recycling, and emission controls to set a new benchmark in the refractories sector.

Read more
Electrical & Electronics
Saatvik Green begins construction for new solar manufacturing plant in Odisha

Saatvik Green begins construction for new solar manufacturing plant in Odisha

The facility is being developed on land sub-leased from Tata Steel Special Economic Zone Limited (TSSEZL)

Read more

Related Products

Heavy Industrial Ovens

INDUSTRIAL SUPPLIES

Hansa Enterprises offers a wide range of heavy industrial ovens.


Read more

Request a Quote

High Quality Industrial Ovens

INDUSTRIAL SUPPLIES

Hansa Enterprises offers a wide range of high quality industrial ovens. Read more

Request a Quote

Hydro Extractor

INDUSTRIAL SUPPLIES

Guruson International offers a wide range of cone hydro extractor. Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016