Odisha awaits Rs 12,000 Cr Birla Investment Boost

Aditya Birla Group has announced plans to increase its investment in Odisha by an additional Rs 12,000 crore for its greenfield alumina refinery at Kansariguda in Rayagada district. This expansion will raise the refinery's capacity from the initial 1 mtpa to 3 mtpa, bringing the total project investment to Rs 20,000 crore.

The enhanced refining capacity is anticipated to stimulate the growth of downstream aluminium industries in Odisha, enabling the state to capture greater value within the aluminium supply chain. Chief Minister Mohan Charan Majhi welcomed the proposal, emphasizing the state's vision to translate mineral resources into industrial value addition and quality employment.

The state government has assured full support for the project's timely execution, including land, infrastructure, and necessary approvals. Discussions also covered potential investments in various other sectors, including copper refining, electronics, renewable energy, and textiles, signaling a broader commitment to industrial growth.

This expansion further solidifies Aditya Birla Group's extensive presence in Odisha, where Hindalco Industries has already invested over Rs 40,000 crore. The group's existing assets include integrated complexes, alumina refineries, and aluminium smelters, underscoring Odisha's importance as a strategic location for its operations.