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Majhi assures raw material support for Steel Industry in Odisha

Majhi assures raw material support for Steel Industry in Odisha

Bhubaneswar, May 15 (UNI) Odisha Chief Minister Mohan Charan Majhi has emphasized the state government's commitment to providing raw materials and necessary facilities to companies establishing steel industries in Odisha.

Speaking during a meeting with representatives of the steel sector, led by Indian Steel Association President Naveen Jindal on Thursday, Majhi said all required support would be extended under existing regulations, following appropriate discussions with the companies involved.

The Chief Minister highlighted the need to boost steel production in the state and enhance supporting infrastructure and facilities.

During the meeting, discussions were held on increasing India’s steel production capacity from the current 165 million tonnes per annum to 500 million tonnes by 2047.

Majhi reaffirmed Odisha’s vital role in achieving this national target and discussed how steel companies can access iron ore and related resources at competitive rates.

The meeting also addressed the auction of additional iron ore mines and emphasized the early operationalization of those already auctioned. Official sources indicated that around 30 mines are expected to be auctioned this year.

Furthermore, discussions included the possibility of supplying iron ore to steel companies at favorable rates through the state-owned Odisha Mining Corporation (OMC).

The meeting was attended by Chief Secretary Manoj Ahuja, Additional Chief Secretary of the Steel and Mines Department Surendra Kumar, Additional Chief Secretary of the Industries Department Hemant Sharma, and secretaries from other relevant departments.

UNI DP BD

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