Odisha Targets 100 Million Tonnes Steel Production by 2030
Odisha aims for 100 mt steel by 2030, CM Majhi urges clear roadmap
Business Standard
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Odisha aims to boost steel production capacity to 100 million tonnes by 2030. Chief Minister Mohan Charan Majhi urged steel companies to develop a clear plan for expansion and increase iron ore output to meet rising demand. The government promises full support for necessary clearances and policy backing.
- 01Odisha's steel production target is set at 100 million tonnes by 2030.
- 02Chief Minister Majhi emphasizes the need for increased iron ore production.
- 03A comprehensive database for land availability is being prepared for investors.
- 04The state government will expedite the allocation of mining blocks through an annual auction calendar.
- 05Industry leaders praised Odisha's proactive mining policies and transparency.
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Odisha has set an ambitious target to increase its steel production capacity to 100 million tonnes by 2030. Chief Minister Mohan Charan Majhi held a high-level meeting with industry leaders and mining stakeholders, urging them to create a clear roadmap for the sector's expansion. He emphasized the importance of ramping up iron ore production to meet the growing demand driven by rapid industrialization in the state and across India. Majhi assured full government support, including necessary clearances and policy backing, to facilitate higher production and seamless dispatch of iron ore. He highlighted the need for investments in mineral-rich districts to boost local employment and accelerate regional development. To streamline industrial expansion, the state is creating a comprehensive database of land for compensatory afforestation and has drawn up an annual auction calendar for 2026-27 to expedite mining block allocation. Industry leaders, including Naveen Jindal, praised the state's proactive approach and transparency in its mining policies, which are considered among the best in the country.
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The expansion of steel production in Odisha is expected to create job opportunities and stimulate economic growth in mineral-rich districts.
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