May 15th 2025.
In a meeting at the state secretariat Lok Seva Bhawan, Chief Minister Mohan Charan Majhi assured a delegation from the Indian Steel Association, led by its president Naveen Jindal, that the Odisha government is taking steps to address the concerns of steel manufacturers. The main issue discussed was the difficulty in obtaining raw materials for production. The government revealed that they are planning to auction around 30 iron ore mines this year, which would provide a steady supply of raw materials for the steel industry.
Efforts are also being made to expedite the start of mining operations in the already auctioned mines. The government is working towards ensuring a convenient rate for iron ore supply from the state-owned Odisha Mining Corporation. The Chief Minister emphasized the importance of increasing steel production in the state, with a goal to become a prosperous region by 2036 and a key contributor to a developed India by 2047.
Majhi stated that the mining and steel sector will play a crucial role in the state's economic growth. He also assured the delegation that the government is committed to providing all necessary facilities to companies setting up units in Odisha. The Chief Minister highlighted the state's potential to produce raw materials and its contribution to the country's steel production. He mentioned that the current steel production in India is 165 million tonnes per annum, with a target to reach 500 million tonnes by 2047.
The state government also shared that Odisha is the leading producer of iron ore and stainless steel in India, with 54 integrated steel plants and a current capacity of 41.21 million tonnes per annum. The state has set a target to produce 130 MTPA of steel by 2030, which would require approximately 190 million tonnes of iron ore. Majhi assured the delegation that Odisha will continue to play a crucial role in increasing the country's steel production.
The meeting was attended by Chief Secretary Manoj Ahuja and other senior officials. The government is committed to providing all necessary support and facilities to the steel industry, and discussions are ongoing to ensure a convenient rate for iron ore and other related resources. With these efforts, Odisha aims to become a key player in the country's economic growth and development.
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