Odisha set to increase steel production capacity to 130 MT per year by 2030: CM

STRONGLY pitching for Odisha as a prime destination for investment in mineral-based industries, Chief Minister Mohan Charan Majhi on Friday unveiled an ambitious roadmap to transform the state into India's steel powerhouse.

- EXPRESS NEWS SERVICE @ Bhubaneswar

Addressing a gathering of industry leaders from the steel and metal sectors during the 'India Steel-2025' conference in Mumbai, he said steel is the mother industry of Odisha. At present, Odisha leads the country in the production of both crude steel and stainless steel, with 54 integrated steel plants and an installed capacity of 41.21 MT per annum. The target is to produce over 130 MT of steel a year by 2030, he said.

"The state has played a pivotal role in the success of the steel sector in the country, accounting for more than 55 per cent (pc) of the iron ore production. My home district Keonjhar alone contributes over 50 pc of Odisha's iron ore production and numerous companies have flourished through their mining operations in the district," he added.