JSPL’s ancillary industries in Odisha can create 50K jobs: Jindal

JSPL invested Rs.35,000 cr in Odisha and employment for 30k people.

The Dollar Business Bureau 

The ancillary industry of Jindal Steel and Power Limited (JSPL) plant at Angul in Odisha can create over 50,000 jobs, Jindal’s chairman Naveen Jindal said on Friday.

Speaking at Make in Odisha Conclave on Friday, Jindal said, "JSPL has invested about Rs.35,000 crore in Odisha and has created employment for about 30,000 people. At Angul, it has already set up a 2 MTPA steel plant and more investments are in process to complete the 6 MTPA plant."

"We are already making in Odisha. The Coal Gasification Technology adopted by JSPL can be used in making several products which will help in creating more downstream industries. More than 50,000 jobs can be created by developing Ancillary Industries of JSPL's plant at Angul," he added.

In addition to the company’s ongoing projects in Odisha, JSPL is now focusing on enhancing its construction division and has already commissioned world's largest Rebar Mill at Angul. "We wish whoever builds a house in Odisha, choses to use Jindal Panther TMT Rebar," he said.

JSPL’s construction division has developed solutions which can lessen the construction-building time by almost half, but without compromising on building qualities. Jindal said despite cutting down on timeframe, this technology will also make the buildings and roads stronger. JSPL has set up the largest pelletization complex of 9 MPTA in Barbil.

JSPL's stall in the Make in Odisha Conclave has attracted thousands of visitors who are in policy making, legislations, administration, academia, research and business, JSPL said in a statement.

Hailing the Odisha Chief Minister Naveen Patnaik-led administration’s initiative for creating a business-friendly environment in Odisha, Jindal said, "We have fulfilled the dreams of Biju Patnaik and O P Jindal by setting up the mega steel plant at Angul and are continuing to invest in it.”

The Dollar Business Bureau - Dec 03, 2016 12:00 IST