Jindal (India) Ltd has secured crucial approval for its ambitious Rs 3,600 crore greenfield steel project in Odisha. 

This initial investment marks the first phase of a strategic plan to inject a substantial Rs 15,000 crore into the state's industrial landscape by 2030.

The approval was granted by Odisha's High-Level Clearance Authority (HLCA), presided over by Chief Minister Mohan Charan Majhi, underscoring the state government's commitment to fostering industrial growth and attracting major investments.

The new facility, to be established in Dhenkanal through Jindal (India) Ltd's wholly-owned subsidiary, Jindal India Steel Tech Ltd (JISTL), will specialize in the manufacturing of high-value special coated steel products, including colour-coated and galvanized sheets. 

This move signifies Jindal's focus on diversifying its product portfolio and catering to the evolving demands of the downstream steel market.