Odisha CM Mohan Charan Majhi has announced plans to increase its steel production capacity by more than 3 times to reach 130 million tonnes from 40 million tonnes by 2030.
Apr 26, 2025
Odisha CM Mohan Charan Majhi has announced that the state has targeted to increase its steel production capacity by more than 3 times. The state is currently producing 41 million tonnes of steel and targets to reach 130 million tonnes by 2030.
The state is planning to auction 22 mines to attract fresh investment. It also intends to be among the top five industrial states by attracting investment in downstream steel processing industries.
Also Read: Chhattisgarh Steel Sector Attracts INR 1 lakh Crore Investment Proposals
Earlier, the state received an investment proposal worth INR 17 lakh crore at the two-day business conclave, ‘Utkarsh Odisha’ held in January, with a large portion of this investment intended for the steel sector.
