Latest Project Updates
Induction Furnace Mfg. Expansion Project in Cuttack, Odisha
Executive Summary: A manufacturing expansion project is planned for the New Industrial Estate in Jagatpur, Cuttack, Odisha. The venture scales induction furnace capacity, dramatically increases steel plate flanges output to 2,500 MT/A, and establishes a 7,200 MT/A spheroidal graphite cast iron line. As of June 2026, the project has secured its official Consent to Establish from state pollution control authorities.
Rs.53500 Million Integrated Steel and Cement Pant Expansion Project in Jharsuguda, Odisha
Executive Summary: A major heavy manufacturing expansion project is planned for the Industrial Growth Center in Badmal, Jharsuguda, Odisha. The massive initiative involves expanding an operational integrated steel plant and cement manufacturing unit to maximize output. Estimated to cost Rs. 53,500 million, the megaproject achieved a major regulatory milestone in June 2026 by securing formal investment approval from the state's High-Level Clearance Authority.
Rs.75800 Million New Integrated Steel Unit in Sambalpur, Odisha
Executive Summary: A new 1 MTPA integrated steel unit is planned for development in Sambalpur, Odisha. Representing a significant investment of Rs. 75,800 million, the heavy industrial project aims to boost domestic manufacturing capacity. As of June 2026, the venture has achieved a major regulatory milestone by securing official investment approval from the state's High-Level Clearance Authority.
Rs.150000 Million New Integrated Steel Plant in Jajpur, Odisha
Executive Summary: An investment proposal has been approved for a Rs. 150,000 million state-of-the-art integrated steel plant in Jajpur, Odisha. The mega-scale metallurgical development project officially secured approval from the state's High-Level Clearance Authority. The greenfield industrial plant will focus on scaling primary production pipelines to manufacture up to 4 MTPA of crude steel and forward-integrated products.
Rs.60000 Million New Greenfield Integrated Secondary Aluminium Metallurgical Unit in Karnataka
Executive Summary: An environmental clearance application has been filed for a Rs. 60,000 million Greenfield Integrated Secondary Aluminium and Downstream Complex on 149.73 acres in Tumakuru, Karnataka. The mega facility scales output to 5,20,000 MTPA billets and 4,50,000 MTPA extruded profiles, integrating extensive recycling and solar frame manufacturing. Ground construction runs from December 2026 through December 2030.
Rs.16420 Million New Integrated Specialty Steel mfg. Unit in Jajpur, Odisha
Executive Summary: A new Rs. 16,420 million integrated specialty steel manufacturing facility is being established by a leading piping enterprise in Jajpur, Odisha. Approved in June 2026 by the state's High-Level Clearance Authority, the advanced metallurgical hub will yield high-grade alloys for critical applications across the defense, aerospace, nuclear, and energy sectors.
Rs.22500 Million New Rare Earths Magnet Unit in Andhra Pradesh
Executive Summary: A new Rs. 22,500 million rare earths manufacturing facility is being established in Atchutapuram, Andhra Pradesh, to produce 1.2 ktpa of sintered NdFeB permanent magnets for EVs, aerospace, and defense. The state-of-the-art electronics component hub has received formal clearance from the State Investment Promotion Committee, paving the way for immediate civil engineering works.
Rs.97310 Million Steel Products Mfg. Expansion Project in Kachchh, Gujarat
Executive Summary: An expansive steel products manufacturing expansion project is slated for Chhadavada, Bhachau, Kachchh, Gujarat. Involving a massive investment of Rs. 97,310 million, it introduces new products to yield an additional 8.45 MTPA capacity. Construction spans from January 2027 to December 2030. As of June 2026, environmental clearance documentation awaits review by the State Level Environment Impact Assessment Authority.
Rs.212 Million New Steel Plates Cutting and Processing Unit in Bangalore, Karnataka
Executive Summary: A new steel plates cutting, coil processing, and slitting facility is under development in Adinarayanahosahalli Industrial Area Phase-2, Bangalore, Karnataka. Backed by an investment of Rs. 212 million, the project received approval from the State Level Single Window Clearance Committee in August 2025. Onsite civil construction and project setup works are actively underway as of June 2026.
Rs.324 Million New Mineral Beneficiation Plant in Vijayanagar, Karnataka
Executive Summary: A new 2.0 MTPA Iron Ore Mineral Beneficiation Plant is planned for development across 7.81 hectares in Papinayakanahalli Village, Vijayanagar, Karnataka. The capital intensive project demands a budgeted investment of Rs. 324.5 million. Plant construction will stretch from October 2026 through March 2027. It is currently under regulatory review for environmental clearance by state-level environmental authorities.