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 said it has has generated more than 5 lakh employment opportunities to date.
Vedanta’s Odisha operations including aluminium, power, iron ore, and related businesses, contribute over Rs 9,000 crore annually to the exchequer and account for approximately ~3% of the state’s GSDP.
The company operates fully integrated, world class aluminium assets in the state, spanning 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, among the most strategically significant assets in the global aluminium supply chain.
Anchoring the next phase of this journey, Vedanta Aluminium is advancing a Rs 1.8 lakh crore greenfield project in Odisha’s Dhenkanal and Rayagada district, envisioned as an integrated aluminium manufacturing ecosystem. The project includes a 3 MTPA aluminium smelter, a 4,900 MW powerplant, a 6 MTPA alumina refinery, and a world-class downstream Aluminium Park, enabling seamless upstream and downstream integration. 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 catalysing a robust ancillary ecosystem, positioning Odisha as a globally competitive aluminium hub.
Speaking on the occasion, Rajiv Kumar, CEO, Vedanta Aluminium, said, “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 translated intolarge-scale economic participation, industrial deepening, and global market integration. The company supports more than 20,000 MSMEs and business partners, strengthening 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. At the same time, Vedanta Aluminium has firmly integrated Odisha into global trade networks, exporting aluminium products to more than 60 countries worldwide.
Beyond its industrial footprint, Vedanta Aluminium has invested over Rs 500 crore in community development initiatives, positively impacting more than 10 lakh people across Odisha. Through focused, long-term interventions, the company has prioritised inclusive and sustainable development, strengthening livelihoods, building human capital, and preserving the state’s rich cultural heritage.
