Bhubaneswar, Odisha, 10th April : Vedanta Aluminium, India’s largest producer of aluminium, has signed a Memorandum of Understanding (MoU) with two leading manufacturing companies, Singhal Steel & Power Pvt. Ltd (a unit of Singhal Group Of Industries) and SCOT-AL Metcon Pvt. Ltd. (an associate company of Scottish Chemical Industries and UAL Industries) for setting up their downstream aluminium manufacturing facilities within the upcoming Vedanta Aluminium Park in Jharsuguda, Odisha. Vedanta Aluminium signs MoU, and the MoU signing ceremony was held in Bhubaneswar in the presence of senior government officials, including Shri Sampad Chandra Swain, Minister of State, Industries, Skill Development…
Author: Industry Odisha
Industry Odisha Bureau, April 10: The monthly data released by the Association of Mutual Funds in India (AMFI) reportedly stated that the Systematic Investment Plan (SIP) “hit an all-time high in March 2026 with Rs 32.087 crore in comparison to February’s Rs 29,845 crore”. Notably, “SIP stands for Systematic Investment Plan. It is a method of investing a fixed sum of money regularly (weekly, monthly, or quarterly) into mutual funds, rather than a single lump sum. SIPs promote disciplined investing, help manage market volatility through rupee cost averaging, and leverage the power of compounding to build wealth over time”. Similarly,…
Industry Odisha Bureau, April 10: Senior BJP leader and Bhubaneswar MP Aparajita Sarangi urged Odisha Chief Minister Mohan Charan Majhi to reconsider the state cabinet’s decision to suspend the proposed Bhubaneswar Metro Rail project for greater public interest. In a letter to the Chief Minister, Sarangi said, “There is visible public support for the Metro Rail project in Bhubaneswar, ignoring the public desire and demand risks belying their expectations and weakening trust in development promises.” Sarangi emphasised that Bhubaneswar is at a tipping point due to rapid urbanisation, rising traffic congestion, and the growing demand for sustainable mobility solutions. Bhubaneswar…
Industry Odisha Bureau, April 10: The Asian Development Bank (ADB) in its latest report has predicted that India’s growth rate would be “6.9% in 2026”, while it would further go up to “7.3% in 2027”. The ADB report has also projected that India’s growth rate would “remain relatively robust supported by resilient domestic consumption”. On the contrary, the ADB report has projected that the growth rate of China and other countries in the Asia-Pacific region would “slump over the next two years (2026 & 2027) owing to the geopolitical headwinds”. As per the ADB analysis: “Growth in the People’s Republic…
Industry Odisha Bureau, April 9: The Under-14 boys’ and girls’ competitions of the 69th National School Games Federation of India (SGFI) Rugby Championship 2025–26 commenced today at Kalinga Stadium, marking the continuation of the prestigious national-level school tournament. More than 300 students from 14 states, comprising both boys’ and girls’ teams, are participating in the Under-14 category, bringing vibrant energy and competitive spirit to the event. The Commissioner-cum-Secretary, School and Mass Education Department, N. Thirumala Naik, was present at the venue to welcome the young participants. He interacted with the players, encouraging them to perform to the best of their…
Industry Odisha Bureau, April 9: Deputy Chief Minister Pravati Parida on Wednesday launched a Self-Defence Training Programme for 5,000 women Self Help Group (SHG) members in its pilot phase here at Mission Shakti Bhawan, in the presence of Vijaya Kishore Rahatkar, Chairperson, National Commission for Women (NCW). Addressing the gathering, the Deputy Chief Minister said, “Empowering women is not limited to financial independence; it must also ensure their safety, dignity and confidence. This self-defence training programme will equip our SHG women with the strength and skills to move fearlessly, take independent decisions and actively participate in economic activities.” Speaking on…
Industry Odisha Bureau, April 9: Following the SCB Medical College and Hospital fire incident, the State Government woke up and asked concerned engineers to ensure fire and life safety provisions in all public buildings. The Works Department has issued a strong warning letter to the Chief Engineers of Buildings and Chief Architect in this regard recently. In the letter, the Government said integration of comprehensive fire safety measures in the design and execution of public infrastructure requires renewed focus and technical rigour. “All field officials may be directed to ensure that every public building project under their jurisdiction strictly conforms…
Industry Odisha Bureau, April 9: Revising India’s Gross Domestic Product (GDP) growth projection to 6.6 per cent (slightly higher than the previous projection of 6.5 per cent) for the fiscal year (FY) 2026-27, the World Bank (WB) has reportedly cited the headwinds owing to the ongoing West Asia/Middle East tensions as well as the global energy crisis. Need to be mentioned here that: “Headwinds are forces that slow progress, increase costs, or restrict growth, while Tailwinds are forces that ease progress, reduce costs, or boost performance. These terms, derived from aviation, are commonly used in business to describe external conditions—such…
Industry Odisha Bureau, April 8: Odisha Chief Minister Mohan Charan Majhi today launched 36 industrial projects worth Rs 40,811 crore, which are expected to generate 59,050 jobs. Spanning multiple districts, these projects represent a diverse range of high-impact sectors including Green Energy Equipment, Metal & Downstream Industries, Textile & Apparel, Plastics, Tourism, Agro & Food Processing, Defence Manufacturing, IT & ITES, Automobiles, Cement, and Capital Goods, reflecting the State’s rapidly evolving and diversified industrial ecosystem. Marking a day of twin milestones, the Chief Minister attended two major programmes first at Bhuinpur in Khordha district, followed by the inauguration of a…
भुवनेश्वर, 08/04/2026: वेदांता एल्युमिनियम, जो भारत की सबसे बड़ी एल्युमिनियम उत्पादक कंपनी है, ने ओडिशा के कलाहांडी जिले में कृषि आजीविका और जल सुरक्षा को सशक्त करते हुए 41 गांवों में 800 एकड़ से अधिक भूमि पर सिंचाई की सुविधा उपलब्ध कराई है। ‘प्रोजेक्ट संगम’ के तहत इस पहल से 9,000 से अधिक लोग लाभान्वित हो रहे हैं। इस पहल के तहत 61 जल संरचनाओं के निर्माण के माध्यम से 11 लाख घन मीटर से अधिक जल पुनर्भरण क्षमता विकसित की गई है, जिससे भूजल स्तर बढ़ा है और खेती व घरेलू उपयोग के लिए पानी की उपलब्धता बेहतर हुई…