Schedule a Call Back
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 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
Jindal Stainless Steel Park
Odisha
Kalinganagar
Small-Scale Industries
Ecosystem Development
Abhyuday Jindal
Industrial Park
Related Stories
Auto & Auto Components
JSW Group confirms Rs 400 billion EV project will stay in Odisha
The original plan involved setting up an EV vehicle and component manufacturing plant in Naraj, Cuttack district, and a copper smelter and lithium refinery in Paradip, Jagatsinghpur district.
Read moreOther Industrial Products
Tata Steel commissions India’s largest blast furnace at Kalinganagar
With a total investment of Rs 270 billion, the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA.
Read moreElectrical & Electronics
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 moreRelated Products
Heavy Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of heavy industrial ovens.
High Quality Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of high quality industrial ovens. Read more
Hydro Extractor
INDUSTRIAL SUPPLIES
Guruson International offers a wide range of cone hydro extractor. Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
