JSW Steel and POSCO are planning to set up a 6 million tonnes per annum steel plant in Odisha through a joint venture. The proposed facility is expected to significantly boost steel production capacity in the region.

Odisha continues to attract large-scale steel investments due to its access to raw materials and port connectivity. The project is likely to strengthen the state’s position as a key steel manufacturing hub.

The collaboration combines global technology expertise with domestic market strength, reflecting a growing trend in capital-intensive industrial projects.