JSW-POSCO to set up greenfield steel plant in Odisha's Keonjhar: CM Majhi

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Odisha Chief Minister Mohan Charan Majhi on Friday said that India's fastest growing conglomerate JSW Group and South Korean steel major POSCO will jointly set up a greenfield steel facility in his home district of Keonjhar.

"During our roadshows for the ensuing Make-in Odisha conclave in Delhi and Mumbai, I had discussed with both JSW and POSCO regarding the establishment of a steel plant in Odisha's mineral-rich Keonjhar district," Majhi, who is on a two-day visit to Keonjhar for celebrating Diwali, told reporters.

It is under process and Odisha will get another steel plant," the chief minister said.

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Category: BusinessFinance

Markets: IndiaSouth Korea

Topics: Odisha steel plant Steel industry JSW-POSCO plant Mohan Charan Majhi

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 19:06:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 14 lines

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Copyright Owner: © Business Standard

News ID: 23364537

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