By Our Correspondent
BHUBANESWAR: Speaking in Roundtable on Investment Opportunities in Ancillary and Downstream Industries in Metal Sector in Odisha, Principal Secretary Industries, Hemanta Sharma said that State Government decided to encourage value addition on Low Grade Iron Ore by Beneficiation and facilitating addition of Peletization Capacity in the State.
Sanjeeb Kumar Mishra, Special Secretary Industries, Sanjay Kumar Singh, CMD IDCO, Nitin B Jawale, Managing Director IPICOL represented Odisha Government. V R Sharma, Managing Director Jindal Steel & Power Limited, Rita Singh, CMD MESCO Steel, S B Upadhyay, Resident Director Jindal Stainless Limited, Satish Pai, Managing Director HINDALCO, Prakash Tatia, Director Welspun Specialty Solutions and several others joined the Round Table Discussions.
Secretary General Pellet Manufacturers Association of India, Anil Dhawan, Executive Director Alloy Steel Producers Association, D Chakrabarti, Director Steel Re-rolling Mills Association of India and Aloke Losalka, General Secretary Rourkela Chamber of Commerce and Industry joined in the Round Table.
V R Sharma, MD JSPL said by 2030, the Steel Major has planned for 25 Million Tons of Steel Production, which is having a 6 Million Ton capacity Steel Plant in Odisha. Rita Singh, CMD MESCO urged for training for more manpower is required in Kalinga Nagar and there is need for Ancillary Industries to upgrade Technology and Cost Reduction. Anil Dhawan, Executive Director Alloy Steel Producers Association of India harped on the need to bring investments from the Original Equipment Manufacturers (OEM) in the State.
Deepak Bhatnagar, Secretary General, Pellet Manufacturers Association of India urged the State Government to encourage Pelletisation as less than 60 Percent Fe Content Iron Ore is not being utilized. Aloke Losalka, General Secretary Rourkela Chamber of Commerce & Industry said that MSME sector facing issues like non availability of suitable land, problem of higher Electricity Duty and high logistic cost as compared to neighboring States.
