Vedanta Ltd. has announced a Rs 1 trillion investment to set up an aluminium park in Jharsuguda and a 3 MTPA aluminium plant in the Rayagada district of Odisha.
The proposed Jharsuguda Aluminium Park, which is spread across 253 acres, will accommodate over 100 MSMEs and is expected to generate 2 lakh employment opportunities, according to the company’s statement. The park aims to catalyse downstream industries and attract aluminium-reliant manufacturing units.
Sunil Gupta, COO of Vedanta Aluminium, highlighted the company’s focus on women empowerment, skill development, and environmental sustainability in Odisha. He said, "Our Rs 1 trillion investment reflects our deep confidence in Odisha’s potential to lead India’s industrial revolution."
The announcement follows a Memorandum of Understanding (MoU) signed with the Odisha Government during the ‘Utkarsh Odisha-Make in Odisha Conclave’ in January 2025.
Vedanta currently 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 further Odisha’s emergence as India’s aluminium capital, fuel industrial growth, and open vast employment avenues.
