The Business Bytes
TBB BUREAU
BHUBANESWAR, DEC 1, 2022
The JSW Group will invest Rs 1 lakh crore in Odisha in various sectors, including for the mega greenfield steel plant project in Paradip, said its Chairman Sajjan Jindal, here on Thursday.
Speaking at the ‘Make in Odisha’ conclave, Jindal said, “Before Covid, for nearly four years, we had committed to invest Rs 60,000 crore in Odisha, of which Rs 30,000 crore has already been invested and projects worth another Rs 30,000 crore is underway. Today we make a commitment to invest another Rs 1 lakh crore in the state in various sectors.”
The company will invest the money in building a mega greenfield steel plant project in Paradip, and a silicon metal plant which will be used for making solar panels, renewable energy and many other areas, he said.
