Industry Odisha Bureau, May 27: Chief Minister Mohan Charan Majhi laid the foundation stone for 13.2 MTPA Integrated Steel Plant of JSW at Paradeep today. The integrated industrial complex of JSW Utkal Steel Limited at Jagatsinghpur represents one of the largest industrial investments in Odisha with a cumulative investment commitment of approximately Rs 1.25 lakh crore.
The project includes establishment of a 13.2 MTPA integrated steel plant, a 10 MTPA cement plant, a 32 MTPA pellet plant, and a large captive solar power plant. The project is expected to generate substantial employment opportunities across the region, including an estimated employment potential of nearly 42,000 people.
Another 11.8 MTPA will commence in the next phase. With total 25 MTPA JSW’s unit in Odisha will affirm Odisha as the Steel Capital of India.The ongoing development includes commencement of key infrastructure facilities such as the blast furnace, coke oven, and sinter plant, forming the foundation of a world-class integrated steel and manufacturing ecosystem at Paradeep.
“While Paradeep is already globally recognized as a premier chemical and petrochemical hub, our goal is to diversify. We want Paradeep to house a rich variety of industries, and with the steel sector coming in, I am confident that we are moving in the right direction towards making Paradeep an anchor of Purvodaya, in line with the vision of Prime Minister Narendra Modi for Odisha,” Majhi said.
Addressing the gathering, the Chief Minister stated that the project represents a defining milestone in Odisha’s industrial growth story and reflects the growing confidence of global and domestic industries in the State’s progressive industrial ecosystem.
Highlighting the Government’s proactive approach towards industrialization, he said that the State Government has transformed years of pending proposals into fast-track execution through coordinated governance, speedy clearances and industry facilitation.
Referring to the accelerated implementation of the blast furnace project, he noted that infrastructure originally planned for commencement in 2028 is now being initiated significantly ahead of schedule due to the State’s industry-focused governance model.
Majhi further stated that JSW Steel has significantly expanded its investment commitment in Odisha with additional industrial facilities proposed as part of the larger integrated manufacturing ecosystem. He said the expansion would create substantial opportunities for local communities, MSMEs, ancillary industries, logistics, services and skilled youth across the region while accelerating economic growth in coastal Odisha.
Sharing his vision for Paradeep, Majhi stated that while the port city has already established itself as a nationally significant chemical and petrochemical hub, the Government is now working towards transforming Paradeep into a diversified industrial and manufacturing centre with investments across steel, downstream industries, textiles, green energy and port-led manufacturing sectors.
Drawing reference to globally integrated port-led industrial ecosystems, the Chief Minister spoke about his recent visit to Mundra in Gujarat, where he witnessed the successful integration of large-scale industries, logistics infrastructure and manufacturing clusters around the port region.
Sharing his experience, he said, “For nearly 20 km on either side of the port and extending up to 40 km from the coastline, a wide range of industries have been successfully integrated into a thriving economic ecosystem. We are actively working to develop Paradeep on a similar blueprint, positioning this port city at the centre of Odisha’s coastal industrial corridor.”
Highlighting the long-term socio-economic impact of the proposed industrial ecosystem, the Chief Minister pointed out that the expanding industrial corridor around Paradeep has the potential to generate nearly one lakh employment opportunities across sectors, ensuring that local youth can access livelihoods and economic opportunities within their own region.
He further emphasized that the Government of Odisha is proactively working towards transforming Paradeep into the eastern gateway of India through integrated industrial development, world-class infrastructure, port-led manufacturing and strategic investments across sectors.
The CM also encouraged JSW Steel to expand beyond primary steel production by promoting downstream industries and ancillary manufacturing units across the state. Under the visionary leadership of Sajjan Jindal, Chairman & Managing Director of JSW Group, the company is solidifying its footprint in eastern India.
Following a landmark, Rs 32,000 crore mega Japanese joint venture with JFE Steel Corporation to scale the Sambalpur plant to 10 MTPA, this initiative marks another decisive step toward co-ordinated industrial growth. State leadership assured full government support to establish a self-sustaining steel and manufacturing ecosystem, aligning with Odisha’s larger Vision 2030 industrial roadmap.
Speaking on the occasion, Industries Minister Sampad Chandra Swain said, “As the son of this Soil Paradeep continues to strengthen its position as one of India’s most investor-friendly destinations through progressive industrial policies, world-class infrastructure and efficient governance mechanisms.”
He said the State Government remains committed to ensuring speedy facilitation of investments, industrial infrastructure development and employment generation through large-scale industrial projects. He further noted that projects of this scale would significantly contribute towards regional economic growth and industrial diversification in Odisha.
Chairman of JSW Group, Sajjan Jindal, expressed his gratitude to the Government of Odisha for its continued support and proactive facilitation of industrial projects in the State.
Jindal reaffirmed JSW Steel’s long-term commitment towards Odisha and stated that the company envisions developing a world-class integrated steel and manufacturing ecosystem in Paradeep with advanced manufacturing capabilities and strong downstream industrial opportunities.
He also highlighted Odisha’s strategic advantages including port connectivity, industrial infrastructure and supportive governance, which make the State a preferred destination for large-scale industrial investments.
Followed by this event Hon’ble CM Odisha Shri Mohan Charan Majhi interacted with Hitoshi Kawano, CEO of Primetals – One of the Largest Steel Equipment Manufacturing Company headquartered in Japan, Marco Asquini , MD and CEO , SMS group- One of the largest steel and downstream company in Germany and Ashish Ray CEO of JSW paints.
The commencement of the project marks another important milestone in Odisha’s industrial transformation journey and reinforces the State Government’s long-term vision of developing Paradeep into a globally competitive coastal industrial hub. The project further strengthens Odisha’s contribution towards the “Purvodaya” vision by accelerating manufacturing growth, employment generation and industrial expansion across eastern India.
