JSPL plant's ancillary industries can create 50K jobs: Jindal

Bhubaneswar: More than 50,000 jobs can be created by developing ancillary industries of Jindal Steel and Power Limited (JSPL) plant at Angul in Odisha for which over Rs 35,000 crore has already been invested, company chairman Naveen Jindal today said.

"JSPL has invested about Rs 35,000 crore in Odisha and has created employment for about 30,000 people. At Angul, it has already set up a 2 MTPA steel plant and more investments are in process to complete the 6 MTPA plant," Jindal said at Make in Odisha Conclave that concluded here today.

"We are already making in Odisha. The Coal Gasification Technology adopted by JSPL can be used in making several products which will help in creating more downstream industries. More than 50,000 jobs can be created by developing Ancillary Industries of JSPL's plant at Angul," he said.

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JSPL is now focusing on its construction division and has commissioned world's largest Rebar Mill at Angul, Jindal said, adding "We wish whoever builds a house in Odisha, choses to use Jindal Panther TMT Rebar".

The construction division has solutions which can reduce the time of building by almost half and make stronger buildings & roads. JSPL in Barbil has set up the largest pelletisation complex of 9 MPTA, Jindal said.

JSPL's stall in the Make in Odisha Conclave has attracted thousands of visitors who are in policy making, legislations, administration, academia, research and business, a company statement said.

Appreciating the state government's initiative for making Odisha an investment-friendly destination, Jindal said "We have fulfilled the dreams of Biju Patnaik and O P Jindal by setting up the mega steel plant at Angul and are continuing to invest in it."