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Odisha CM Sh. Navin Patnaik, inaugurates Vedanta Aluminium Park at Jharsuguda

Odisha CM Sh. Navin Patnaik, inaugurates Vedanta Aluminium Park at Jharsuguda

December 1, 2022 6:40 pm

CM unveils Foundation Stone at Jharsuguda in the presence of Mr. Anil Agarwal, Chairman, Vedanta Group at MIO 2022.

Vedanta Limited, India’s largest producer of aluminium, today announced the foundation stone laying of the Vedanta Aluminium Park, at Jharsuguda, Odisha. The CM of Odisha, Shri. Naveen Patnaik unveiled the stone at the ongoing Make In Odisha 2022 conclave in the presence of Mr. Anil Agarwal, Chairman – Vedanta, thus inaugurating the Aluminium Park officially. The Park is a joint venture between Vedanta Aluminium and the Odisha Industrial Infrastructure Development Corporation (IDCO). Also present during the ceremony was Mr. 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.

Sh. Naveen Patnaik, CM of Odisha, 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, Mr. 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 Shri. Naveen Patnaik 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 sapna saakar ho sakta hai.”

Mr. Rahul Sharma, CEO – Vedanta Aluminium, said, “This collaboration between Vedanta and the Government of Odisha to create a world-class Aluminium Park near our aluminium smelter in Jharsuguda, will usher in a new era for Indian manufacturing. We take this moment to invite industries to set up their plants at our Aluminium Park, and leverage the plethora of advantages we have on offer. Together, we can join forces to make India the most sought-after manufacturing destination of the world.”

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.26 million tonnes in FY22. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 4th in the Dow Jones Sustainability Index (DJSI) 2021 world rankings for aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

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