“Create a business climate conducive to accelerate investment in industry and infrastructure projects, raise income, employment and economic growth in the State, reduce regional disparities in economic development”.
- Mission Statement of the Industrial Policy Resolution of Orissa, 2001
Kalinganagar Industrial Area is projected to be developed for a population of over 10 lakh by 2025 and it will be extended to 177 square kilometers as envisaged by the State Government.
After the success of Asia’s first integrated steel plant set up by Tata Steel in the undivided Orissa-Bihar-Bengal in 1907, or the employment potential revealed by the Rourkela Steel Plant (operated by the state-owned Steel Authority of India), the demand for another mega steel plant in Odisha was strongly felt. This led Biju Patnaik, the then Chief Minister of Odisha to plan the Kalinganagar industrial complex, once 13000 acres of land was acquired in the Sukinda constituency of Jajpur district in 1992.
Today, the Government is stepping up the presence of industry as co-incidentally, the infrastructural boom in the global markets has generated high demands for steel. To strengthen the century old relationship between Odisha and Tata Steel, the Company signed the MoU for its most ambitious steel project in Odisha on November 17, 2004. As per this MoU, the Company will set up a six million ton green-field integrated Steel Plant at Kalinganagar in Jajpur District of Odisha.