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

Electrical & Electronics
India's first silicon carbide manufacturing facility to be established in Odisha

India's first silicon carbide manufacturing facility to be established in Odisha

The project, expected to generate over 500 jobs across research, development, and factory operations, will boost Odisha's industrial growth and position it as a key player in the global power electr..

Read more
Other Industrial Products
Anil Agarwal invites investors to setup businesses at Vedanta’s industrial parks

Anil Agarwal invites investors to setup businesses at Vedanta’s industrial parks

The company will need 1,500 acres of land for these projects, ideally within 50 kilometers of Vedanta’s key operations in Rajasthan and Odisha.

Read more
Aerospace Defence
Jindal Stainless to supply stainless steel and steel sheets for BrahMos

Jindal Stainless to supply stainless steel and steel sheets for BrahMos

Jindal Stainless recently supplied 3 mm special alloy steel sheets for the Supersonic Missile-Assisted Release of Torpedo (SMART) system.

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

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back