Project Update27 May 2026, 03:06 pm
JSW Steel Starts Development of 13.2 MTPA Paradeep Plant
AI Summary
JSW Steel has commenced project development of its 13.2 MTPA integrated steel plant at Paradeep, Odisha, with an estimated investment of ₹65,000 crore. The project, spread across 2,950 acres, aims to strengthen India's manufacturing capabilities and contribute to Odisha's industrial growth. The plant's strategic coastal location offers port connectivity, access to raw materials, and logistics infrastructure for domestic and international markets. This project aligns with the Government of India’s Mission Purvodaya, focusing on industrial development in eastern India.
Key Highlights
- JSW Steel begins development of 13.2 MTPA integrated steel plant in Paradeep, Odisha.
- The project involves an investment of approximately ₹65,000 crore.
- The plant is strategically located to leverage port connectivity and raw material access.
- The project aligns with the Government of India’s Mission Purvodaya.
- The plant is spread across 2,950 acres.