Odisha aims to be hub for aluminium downstream, ancillary units

Investments in aluminium downstream space gaining momentum, state attracted investments worth Rs 893 cr in past 5 years

Odisha, which is home to operational units of top three aluminium producers — Vedanta, Hindalco Industries and National Aluminium Company (Nalco) — is intensifying efforts to build an ecosystem for ancillary and downstream units. 

The initiative is in tune with the state government's efforts to attract investments in ancillary and downstream industries, one of the six focus sectors listed in its latest industrial policy statement of 2015.

Last month, the state government, in collaboration with Tata Steel and Jindal Stainless (JSL), hosted a meet for the aforementioned industries at Kalinganagar, which is the steel hub in Jajpur district. The event