Total investment commitment at Make in Odisha Conclave 2018

Total investment commitment at Make in Odisha Conclave 2018

Bhubaneswar: The Make in Odisha Conclave 2018 attracted over 1.40 lakh crore during the second day on Monday.

Reliance Industries Limited chairman Mukesh Ambani committed an investment of Rs 3,000 crore in Odisha over the next three years in addition to the Rs 6,000 crore it has already invested in the state

Aditya Birla Group chairman Kumar Mangalam Birla on Monday announced an investment of $ 2 billion in different sectors in Odisha in the next two years.

Jindal Steel and Power Ltd (JSPL) chairman Naveen Jindal said the company will increase its investment in Odisha from Rs. 45000 crore to Rs. 1 lakh crore by 2030.

With the increased investment, the capacity of Angul steel plant will increase from 6 MTPA to 20 MTPA and employment generation will be enhanced from 50,000 to 1 lakh

Tata Group Chairman N. Chandrasekaran said total investment in Odisha will soon cross Rs one lakh crore

Already, Tata has made investments worth Rs 75,000 crore and with the announcement of the expansion of Kalinganagar steel plant, another Rs 25,000 crore would be invested.

ITC proposed to invest Rs 550 crore at its food processing plant in Khurda over next 2-3 years

Britannia Industries would invest additional Rs 60 crore at its existing facility in Khurdha for expansion