Bhubaneswar: Vedanta Limited, India’s largest producer of aluminium, today announced the foundation stone laying of the Vedanta Aluminium Park, at Jharsuguda, Odisha.
Chief Minister Naveen Patnaik unveiled the stone at the ongoing Make In Odisha 2022 conclave in the presence of Anil Agarwal, Chairman – Vedanta.
The Park is a joint venture between Vedanta Aluminium and the Odisha Industrial Infrastructure Development Corporation (IDCO). Also present during the ceremony was Rahul Sharma, CEO – Vedanta Aluminium.
The Vedanta Aluminium Park will be a world-class industrial facility where companies can set up their manufacturing units and draw hot metal (molten aluminium) from Vedanta’s smelter at Jharsuguda to manufacture their products. Vedanta’s aluminium smelter at Jharsuguda is one of the world’s largest aluminium smelters, with a capacity of 1.75 million tonnes per annum.
Spread over 253 acres, the Vedanta Aluminium Park will be one of India’s largest metal parks. With its strategic location and features and a plethora of amenities, the Park will provide aluminium-based businesses unmatched advantage to exponentially grow their business.
Naveen Patnaik said, “Odisha is fast emerging as a major investment destination in the country. We are a progressive state with clear focus on transformation in all sectors and inclusive development. At Odisha, we offer you better than the best services, support, and incentives – beyond the best in the country. Investor friendly initiatives and transformative governance put us on path of progress. We will continue to work with each of you and understand your requirements and provide the best support system.”
In his address, Anil Agarwal, Chairman – Vedanta, said, “Today, the world looks to India as the next destination for manufacturing, and in India, Odisha is poised to become the go-to destination for investors in India, under the leadership of Naveen Patnaik Ji. Odisha, with its natural advantages, is the Aluminium Capital of India today, and has the potential to become the Aluminium Capital of the world. Over the years, Vedanta has invested over 1 lakh crores and have created over 5 Lakh direct & indirect livelihood opportunities in the state and now the Vedanta Aluminium Park will bring more downstream players to Odisha to maximize value addition and further deepen the industrialisation in the state. Odisha is the place where your dreams can come true – Jahan aapka sapnasaakar ho sakta hai.”