By Our Correspondent
BHUBANESWAR/NEW DELHI: Speaking at the webinar on “PLI Scheme for Speciality Steel Industry of Odisha” Principal Secretary, Industries Department Hemant Sharma highlighted the strategic importance of Odisha for the steelmakers and invited them to explore investment opportunities in the state.
The Union Cabinet has approved a ₹6,322 crore PLI scheme for speciality steel that is expected to attract investments of around ₹40,000 crores and Odisha being a leader in the steel sector will further extend the necessary help to multifold the production.
In the webinar attended by leading steelmakers across India, MD IPICOL Bhupendra Singh Poonia said, “We are doing reforms and taking proper measures to make the state more industry-friendly and has also invited all the companies to visit and explore the investment opportunities in Odisha.”A presentation on the PLI scheme and the advantages of Odisha for the downstream industry was also given to the potential investors.
Industry leaders and senior officials from the Union Governement and Odisha including MD JSPL VR Sharma, Director SRTMI Mukesh Kumar, CGM IPICOL Kalyan Mohanty, Director Finance MIDHANi Gowri Sankara Rao, CEO ESL Steel Navnath Laxman Vhatte, ED Alloy Steel Producers Association Anil Dhawan, Secretary Steel Wire Manufacturers Association of India Tirthankar Banerjee, Executive Vice President (Sales & Marketing) JSW Steel Ltd Sanjay Jayram, Chief Regulatory Affairs, Tata Steel Ltd Pankaj Satija also participated in the virtual webinar.
