Bhubaneswar: Vedanta Aluminium on Wednesday reaffirmed its long-term commitment to Odisha on the occasion of Utkal Dibas. With planned investments of Rs 1.8 lakh crore in the pipeline and over Rs 1 lakh crore already invested, the company stated it has generated more than 5 lakh employment opportunities to date.
Vedanta’s operations in Odisha, which include aluminium, power, iron ore, and related businesses, contribute over Rs 9,000 crore annually to the state’s exchequer and account for approximately 3% of the state’s GSDP.
The company operates fully integrated, world-class aluminium assets in the state, covering the entire value chain from bauxite to finished aluminium products. Jharsuguda is home to the world’s largest aluminium plant, with a capacity of 1.8 MTPA, while Lanjigarh houses a 5 MTPA alumina refinery, both of which are strategically significant in the global aluminium supply chain.
As part of its future plans, Vedanta Aluminium is advancing a Rs 1.8 lakh crore greenfield project in Odisha’s Dhenkanal and Rayagada districts, envisioned as an integrated aluminium manufacturing ecosystem. This project includes a 3 MTPA aluminium smelter, a 4,900 MW power plant, a 6 MTPA alumina refinery, and a state-of-the-art downstream Aluminium Park, facilitating seamless integration of upstream and downstream operations. The proposed development is expected to create up to 50,000 jobs in its initial phase and over 2 lakh employment opportunities over time, while fostering a robust ancillary ecosystem, positioning Odisha as a globally competitive aluminium hub.
Speaking on the occasion, Rajiv Kumar, CEO of Vedanta Aluminium, stated, “Aluminium is a critical metal for India’s future, with demand projected to rise nearly sixfold by FY2047. Odisha, with the country’s largest bauxite reserves, is naturally poised to anchor this growth. Our upcoming investments are transformative in strengthening India’s aluminium self-reliance, creating large-scale employment, energising local enterprises, and building a future-ready industrial ecosystem. We appreciate the proactive support of the Government of Odisha, and on Utkal Divas, reaffirm our commitment to making Odisha the aluminium capital of the world.”
Vedanta Aluminium’s sustained investments in Odisha have resulted in significant economic participation, industrial growth, and global market integration. The company supports more than 20,000 MSMEs and business partners, enhancing local entrepreneurship and ancillary ecosystems, while its targeted investments in underserved regions have contributed to Kalahandi’s recognition as an Aspirational District by NITI Aayog. Concurrently, Vedanta Aluminium has firmly integrated Odisha into global trade networks, exporting aluminium products to over 60 countries worldwide.
In addition to its industrial impact, Vedanta Aluminium has invested over Rs 500 crore in community development initiatives, positively affecting more than 10 lakh people across Odisha. Through focused, long-term efforts, the company has prioritised inclusive and sustainable development, enhancing livelihoods, building human capital, and preserving the state’s rich cultural heritage.
