Vedanta has announced plans to invest ₹1 lakh crore in Odisha, a move set to generate 2 lakh new employment opportunities in the state. The investment will focus on establishing a 60 lakh ton per annum alumina refinery and a 30 lakh ton aluminium plant.
Vedanta announced plans to invest in establishing a 60 lakh ton per annum alumina refinery and a 30 lakh ton aluminium plant, aiming to produce green aluminium powered by renewable energy. This announcement was made during the Make in Odisha Conclave 2025 roadshow, “Utkarsh Odisha.”
“This development will create a significant industrial complex for downstream industries, as aluminium has over a hundred applications in sectors like automotive, power, construction, and railways,” the company said in a statement (via MoneyControl).
Vedanta, part of the UK-based Vedanta Resources, has been a long-term investor in Odisha for the past two decades, with investments exceeding ₹1 lakh crore, creating over 1 lakh jobs. The company has also acquired Sijimali mines through auctions, which holds one of the largest bauxite deposits in the state.
