Bhubaneswar ( Economy India ): The Aditya Birla Group has announced plans to invest an additional 12,000 crore to expand its greenfield alumina refinery project at Kansariguda in Odisha’s Rayagada district, marking another major investment in the state’s industrial sector.
The announcement was made by Chairman Kumar Mangalam Birla after meeting Odisha Chief Minister Mohan Charan Majhi in Bhubaneswar on Saturday.
Major Boost for Odisha’s Industrial Growth
The fresh investment proposal was discussed during a review meeting on the progress of the Aditya Birla Group’s ongoing and planned projects across Odisha. The expansion is expected to strengthen the state’s position as one of India’s leading hubs for the aluminium industry.
Focus on Manufacturing and Employment
The proposed refinery expansion is expected to:
- Increase alumina production capacity.
- Generate direct and indirect employment opportunities.
- Boost industrial development in Rayagada district.
- Support Odisha’s growing mining and metal sector.
- Attract additional investments in allied industries.
Government-Industry Collaboration
Chief Minister Mohan Charan Majhi welcomed the investment proposal and reiterated the state government’s commitment to providing a business-friendly environment for large-scale industrial projects.
The expansion aligns with Odisha’s strategy of attracting high-value investments in mining, metals, and manufacturing sectors.
Conclusion
The proposed ₹12,000 crore investment by the Aditya Birla Group represents a significant boost for Odisha’s economy and industrial development. If implemented as planned, the Kansariguda alumina refinery expansion is expected to enhance production capacity, create jobs, and reinforce the state’s position as a key destination for large industrial investments.
( Economy India )
