Over Rs 1.2 lakh crore investment, IT hub for Keonjhar in the pipeline alongside mega steel-plant: Odisha CM Majhi

Chief Minister Mohan Charan Majhi announced a slew of development projects and unveiled his vision for Keonjhar during a visit on Sunday.

Sources reported that the CM received an emotional, traditional welcome in his home district, where he took part in multiple public programmes, including a marathon event, public address and the inauguration of a football final match.

In his address to the people, CM Majhi highlighted that Keonjhar is set to witness transformational industrial growth with major investments and a proposed mega steel plant.

CM Flags Rs 1.20 Lakh Crore Project Pipeline

During his address, Majhi assured locals that Keonjhar’s long-awaited industrial turnaround is underway.

“Odisha will be prosperous, and Keonjhar will shine bright as gold. The people of Keonjhar have long prayed for this future,” he said, adding that a large-scale steel plant and a planned IT development initiative will change the region’s economic profile.

He stated that proposals worth over Rs 1.20 lakh crore are progressing in the district. 

“A mega steel plant is coming up, and the investments for its establishment are ongoing. Proposals are also being discussed to set up IT parks here,” Majhi declared.

Grand Welcome In Hometown Raikala

Reports added that the CM reached Anandpur B N High School ground early in the day and moved along the main road before participating in a marathon programme. He later attended a wedding ceremony at the Municipality Kalyan Mandap and proceeded to his native village, Raikala.

At Raikala, the Chief Minister was welcomed with traditional tribal dance and music as drums, dhols, and other traditional instruments echoed across the stadium, where thousands had gathered to see him. The stadium atmosphere turned celebratory as CM Majhi inaugurated the football final match and addressed the public.

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Proposed Steel Plant Expected To Boost District Economy

According to earlier reports, the Keonjhar mega-steel project is being set up as a joint venture between JSW Group and POSCO, with an initial capacity of 5 MTPA (million tonnes per annum).

The project aims to utilise Keonjhar’s large iron ore reserves and is expected to draw an estimated Rs 40,000 crore investment. It may produce hot-rolled, cold-rolled and galvanised steel, with potential expansion in the future. The plant is expected to generate major employment opportunities and enhance value addition to mineral resources within the district.