Odisha CM and Vedanta Chairman discuss shared vision to accelerate the state’s industrial and socio-economic growth
BHUBANESWAR: Anil Agarwal, Chairman, Vedanta Group, met Mohan Charan Majhi, the newly-appointed Hon’ble Chief Minister of Odisha, to extend his congratulations on the formation of the new government and to discuss the ongoing and future development of the state.
Discussion of Shared Goals for Development
During the meeting, Agarwal reiterated Vedanta Group’s unwavering commitment to Odisha’s progress. The discussion focused on identifying new areas of collaboration that could further accelerate Odisha’s transformative journey, enhancing the state’s industrial and socio-economic development.
Chairman Agarwal’s Commitment to Odisha’s Growth
Expressing his confidence in the new government’s vision and leadership, Anil Agarwal, Chairman, Vedanta Group, said, “Odisha’s remarkable growth is a testament to the sheer hard work and commitment of its people. The state has been crucial to Vedanta’s success, and we remain dedicated to its sustainable and inclusive development. My meeting with Shri Majhi Ji was highly productive, and we discussed our shared vision for Odisha’s growth. Under his capable leadership, our longstanding partnership will continue to thrive, driving the state to greater heights.”
Vedanta’s Investments in Odisha
Vedanta Group has made significant investments in Odisha, amounting to more than INR 1,00,000 crore. This is the conglomerate’s largest ever investment anywhere in the world. These investments have led to the establishment of the world’s largest integrated aluminium smelter plant at Jharsuguda with a capacity of 1.8 MTPA and a world-class alumina refinery at Lanjigarh in Kalahandi district with a capacity of 3.5 MTPA. Through these initiatives, the group has created more than one lakh direct and indirect jobs, bringing prosperity to remote areas, and integrating local communities into the socio-economic mainstream.
Previous Investments and Community Initiatives
During his previous visit to the state during Make in Odisha 2022, Agarwal had announced new investments worth more than INR 25,000 crore for expanding Vedanta’s aluminium, ferrochrome and mining businesses in the state. Beyond business, Vedanta’s community development initiatives span livelihood, education, healthcare, infrastructure, grassroots sports and culture, benefiting more than 4.5 lakh people across 500 villages in Odisha.
Here’s a table summarizing the key facts from the meeting between Vedanta Chairman Anil Agarwal and Odisha Chief Minister Mohan Charan Majhi:
| Fact | Details |
|---|---|
| Date and Location | 06 July 2024, Bhubaneswar, Odisha |
| Participants | Shri Anil Agarwal, Chairman, Vedanta Group; Shri Mohan Charan Majhi, Chief Minister of Odisha |
| Purpose of Meeting | To congratulate the new CM and discuss ongoing and future developments in Odisha |
| Vedanta’s Commitment | Reiterated commitment to Odisha’s development, discussed new collaboration areas |
| Investments in Odisha | Over INR 1,00,000 crore, including world’s largest integrated aluminium smelter and alumina refinery |
| Job Creation | Created over one lakh direct and indirect jobs |
| Previous Investments Announced | INR 25,000 crore in 2022 for expanding aluminium, ferrochrome, and mining businesses |
| Community Initiatives | Impacted over 4.5 lakh people in 500 villages; initiatives in education, healthcare, and more |
| Agarwal’s Statement | Praised Odisha’s growth, committed to sustainable development, valued the state’s leadership |
(India CSR)
