hazardous materials in essar steel india beneficiation plant in badkalimati odisha

odisha looks to tap downstream industries in metal and steel sectors | hellenic shipping news worldwide

odisha looks to tap downstream industries in metal and steel sectors | hellenic shipping news worldwide

The State government is targeting 50 per cent value addition in minerals by 2030. Presently, value addition in minerals in Odisha is only 23 per cent. This includes steel, stainless steel and alumina. For this to happen, metal-making capacity must increase.

ArcelorMittal commits 2,000 crore The move comes even as ArcelorMittal Group announced plans to invest 2,000 crore in Odisha. Group Chairman and CEO LN Mittal had met Chief Minister Naveen Patnaik last month.

Essar Steel, a company later acquired by ArcelorMittal, had investments in the State that include a pellet plant in Paradip and a beneficiation plant in Keonjhar. The two were connected via a slurry pipeline. ArcelorMittal, post acquisition of Essar Steel, established a joint venture with Nippon Steel Corporation, called ArcelorMittal Nippon Steel India Ltd (AM/NS India).

Plug & play According to Hemant Sharma, Principal Secretary, Department of Industries, Odisha Government, plans are afoot to set up plug and play facilities so that downstream units in the metals and mining sector can set up shop easily.

In Dhenkanal, a pharma park is being mulled and nearly 1,000 acres of land is under consideration for acquisition by the Industrial Promotion and Investment Corporation of Odisha (IPICOL), the single point of contact for all industrial investments.

Skill mapping Post-Covid-19 and following the return of migrant labourers, the Odisha government has embarked on a skill mapping project. This will list out the skill sets that are present, and the need for an upgrade, if necessary. Moreover, it will help the State get its work-force ready for future investors.

Related Equipments