The State Government would bring Vision 2030 for downstream industries soon to achieve more than 50 per cent value addition to the primary metal produced in the State, said Industries Minister Dibya Shankar Mishra here on Thursday.
The Minister said this while addressing representatives of more than 60 steel manufacturing companies at an interactive meet here. He said that Odisha provides an unparalleled conducive ecosystem for the steel industries to expand their manufacturing facilities.
Discussion was held on the vision of achieving 100 million tonne per annum (mtpa) steel production in the State.
Proposals for Vision 2030 for development of downstream industries were presented highlighting the key role of primary metal manufacturers in the State.
Industries Secretary Sanjeev Chopra said that over the past two decades, the State Government has focused on manufacturing of value added products in the State.
He said that the State would focus on creating enabling infrastructure to reduce logistics cost for the industries in future.
Idco Chairman and Managing Director Sanjay Singh said the Government has created a land bank of more than one lakh acres for quick allotment to companies to attack large scale investments.
Singh also informed about unique initiatives being taken up to provide industry-ready skilled manpower for all industries, particularly in the steel sector.