Odisha's Ambitious Plans: Aditya Birla Group to Invest ₹12,000 Crore in Alumina Refinery Expansion
Investment Talks Between Odisha CM and Aditya Birla Group
In a significant meeting on Saturday, Chief Minister Mohan Charan Majhi engaged with Kumar Mangalam Birla, the Chairman of the Aditya Birla Group, to review the current and future investments by the Group in Odisha.
Post-discussion, the Group announced plans for an additional ₹12,000 crore investment aimed at enhancing its greenfield alumina refinery located in Kansariguda, Rayagada. This expansion will increase the refinery's capacity to three million tonnes per annum (MTPA), up from the original one MTPA capacity with an initial investment of approximately ₹8,000 crore.
Majhi expressed his support for the expansion initiative, emphasizing the need for Odisha to leverage its mineral resources for increased value addition, advanced manufacturing, and quality job creation within the state.
He stated, “Aluminium plays a crucial role in this vision. Our goal is not only to become a leader in alumina and aluminium production in India but also to establish a globally competitive ecosystem that encompasses the entire value chain—from refining and primary metals to downstream and advanced products.”