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Vedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobs

1 source · first seen 19:23 26 Sept · updated 19:23 26 Sept

The brief

Written from 1 report · check the source before you trade
  • Vedanta group announced a ₹1 lakh crore investment drive in Odisha
  • The group targets 50,000 jobs and plans to expand operations in Jharsuguda
  • The investment plan could support Vedanta’s Odisha operations and local metals and mining activity

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Part of a developing story5 updates over 2 days

Vedanta’s Odisha investment plans

Vedanta announced a ₹1 lakh crore investment drive in Odisha targeting 50,000 jobs, including expansion of existing operations and proposed aluminium projects. The group has sought to revive Niyamgiri mining and says it is ready to invest a matching amount in another Rayagada refinery.

Sunday, 27 September

  1. India needs to utilise resources beneath earth to become self-sufficient: Anil Agarwal

Saturday, 26 September

  1. Vedanta’s Anil Agarwal backs mineral exploration, says India must shed ‘country of import’ tag
  2. Vedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investment
  3. Vedanta urges Odisha govt to accelerate ₹1 trillion investment proposals
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    Vedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobs

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Read the reports

1 report · earliest 19:23
Business LineVedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobs19:23