Industrial increase: Vedanta in process of land acquisition for 3 MTPA smelter; aluminium park in Jharsuguda also on cards

Vedanta is in the process of buying land in Dhenkanal, Odisha, for its proposed three million tonnes every year (MTPA) aluminium smelter, which the corporate says might create over two lakh jobs.“We are moving towards setting up a new mega aluminium plant at Dhenkanal, Odisha, (with a capacity of) three million tonnes,” mentioned Rajiv Kumar, Chief Executive Officer for the Aluminium enterprise at Vedanta, PTI reported.Currently, the corporate’s whole aluminium capability stands at 3 MTPA. “We want to go to six million tonnes, for which we are actively involved in land acquisition, and hopefully things are progressing very well,” Kumar mentioned on the sidelines of ALUMEX India 2025, organised by the Aluminium Extrusion Manufacturers Association of India (ALEMAI) in the nationwide capital throughout September 10-13.He added that the inexperienced aluminium smelter is an element of Vedanta’s bigger roadmap to scale up operations. “Aluminium is very heavy on investment and is a capital-intensive industry… it is progressing and any facility like this will take three to four years,” Kumar mentioned.Vedanta, he mentioned, is also a producer and exporter of billets, a key uncooked materials for the extrusion business. “We have in place a roadmap. We are already investing in billet capacity. We are already 580 kilo tonnes and moving to doubling the capacity,” he added.Kumar additional mentioned that Vedanta is also planning to determine an aluminium park in Jharsuguda, Odisha, and has invited downstream gamers to arrange manufacturing items there.Speaking on the inauguration of ALUMEX India 2025, Lok Sabha Speaker Om Birla mentioned, “India, with its vast population, thriving cottage industries, entrepreneurial spirit, and innovation capacity, is emerging as a global force.”Emphasising aluminium’s position in India’s industrial journey, Birla mentioned, (*3*)At the occasion, ALEMAI President Jitendra Chopra introduced that the exhibition can be rebranded as Aluminium Bharat in the approaching years. “It will not be limited to the aluminium extrusion segment alone and will include all segments and products, ranging from rolled products and wire rods to auto castings. Aluminium Bharat will bring the entire aluminium ecosystem on the same platform, and highlight India’s key role in this vital sector,” he mentioned.ALUMEX India 2025, the nation’s first devoted aluminium extrusion exhibition, is anticipated to deliver collectively greater than 200 exhibitors and round 25,000 enterprise guests from throughout the aluminium worth chain. Chopra mentioned the exhibition displays their dedication to Atmanirbhar Bharat, notably in decreasing dependence on aluminium imports and constructing a globally aggressive worth chain.