In a significant boost to Odisha’s industrial sector, Vedanta Ltd. has announced a massive investment of Rs 1 trillion to establish an advanced aluminium park in Jharsuguda and a 3 MTPA aluminium plant in Rayagada district. The proposed Jharsuguda Aluminium Park, spread over 253 acres, will house over 100 MSMEs and is set to create 200,000 job opportunities. The park is designed to promote downstream industries and attract aluminium-based manufacturing units.

Sunil Gupta, COO of Vedanta Aluminium, emphasized the company’s commitment to women’s empowerment, skill development, and environmental sustainability in Odisha. “Our Rs 1 trillion investment reflects our strong belief in Odisha’s potential to lead India’s industrial revolution,” he said.

This announcement follows a Memorandum of Understanding (MoU) signed with the Odisha Government during the ‘Utkarsh Odisha-Make in Odisha Conclave’ in January 2025. Vedanta already operates a 1.8 MTPA aluminium smelter in Jharsuguda, a 3.5 MTPA alumina refinery in Lanjigarh, and several mining projects across the state. The new investment is expected to accelerate Odisha’s rise as India’s aluminium hub, drive industrial growth, and create vast employment opportunities.