THEBUSINESSBYTES
BUREAU
KASHIPUR,
JANUARY 13, 2026
Aditya Alumina
Refinery, Kansariguda, a unit of Hindalco Industries Limited under the Aditya
Birla Group, has launched Project Udyamee with the signing of a Memorandum of
Understanding with Mahashakti Foundation on January 9, 2026. The initiative
marks a significant step towards promoting entrepreneurship among local youth
and women while building a sustainable and inclusive entrepreneurial ecosystem
in the region.
Project
Udyamee aims to establish a Rural Business Incubation Centre that will support
aspiring entrepreneurs in developing and strengthening micro-enterprises. The
programme will provide end-to-end assistance including enterprise mapping,
business plan development, institutional convergence and linkages, market
facilitation services, and entrepreneurship capacity building at the grassroots
level.
The initiative
will encourage enterprise development across manufacturing, trading, small
businesses and service sectors, enabling sustainable income generation and
fostering economic self-reliance among local communities. By nurturing
entrepreneurship at the grassroots, Project Udyamee is expected to contribute
meaningfully to the socio-economic development of the region.
The MoU was
signed by Mazhar Beig, Unit Head and President, Aditya Alumina Refinery, in the
presence of Deepak Mohanty, Head – HR, IR and CSR, and Basudev Khuntiya, Head –
F&A. Jugal Kishor Patnaik, Founder of Mahashakti Foundation, signed the
agreement on behalf of the foundation. Officials from both organisations were
present on the occasion.
Addressing the
gathering, Mazhar Beig said that Project Udyamee reflects Aditya Alumina
Refinery’s strong commitment to inclusive economic development by empowering
local youth and women to adopt entrepreneurship as a sustainable livelihood
option. He added that the initiative would not only create entrepreneurs in the
region but also significantly boost the local economy.
