THEBUSINESSBYTES BUREAU

BHUBANESWAR, MARCH 31, 2026

Marking the occasion of Utkal Divas, Vedanta Aluminium, India’s largest producer of aluminium delivering 100 per cent value addition within Odisha, reiterated its long-term commitment to the state’s industrial and socio-economic growth. With planned investments of ₹1.8 lakh crore in the pipeline and over ₹1 lakh crore already invested, the company has generated more than 5 lakh employment opportunities since inception. Vedanta’s operations in Odisha spanning aluminium, power, iron ore and allied businesses contribute over ₹9,000 crore annually to the exchequer and account for approximately 3 per cent of the state’s Gross State Domestic Product (GSDP).

Vedanta Aluminium operates fully integrated, world-class assets across the state, covering the entire value chain from bauxite to finished aluminium products. Jharsuguda hosts the world’s largest aluminium smelter with a capacity of 1.8 MTPA, while Lanjigarh is home to a 5 MTPA alumina refinery, both considered strategically significant in the global aluminium supply chain.

Strengthening its long-term growth roadmap, Vedanta Aluminium is progressing a ₹1.8 lakh crore greenfield project in Odisha’s Dhenkanal and Rayagada districts, envisioned as an integrated aluminium manufacturing ecosystem. The project comprises a 3 MTPA aluminium smelter, a 4,900 MW power plant, a 6 MTPA alumina refinery, and a world-class downstream Aluminium Park, ensuring seamless upstream and downstream integration. The proposed development is expected to generate up to 50,000 jobs in the initial phase and over 2 lakh employment opportunities over time, while fostering a strong ancillary ecosystem and reinforcing Odisha’s position as a globally competitive aluminium hub.

Speaking on the occasion, Rajiv Kumar, CEO, Vedanta Aluminium, said, “Aluminium is a critical metal for India’s future, with demand projected to rise nearly sixfold by FY2047. Odisha, with the country’s largest bauxite reserves, is naturally poised to anchor this growth. Our upcoming investments are transformative in strengthening India’s aluminium self-reliance, creating large-scale employment, energising local enterprises, and building a future-ready industrial ecosystem. We appreciate the proactive support of the Government of Odisha, and on Utkal Divas, reaffirm our commitment to making Odisha the aluminium capital of the world.”

Vedanta Aluminium’s sustained investments have driven broad-based economic participation, deepened industrial capabilities, and enhanced global market integration for Odisha. The company supports more than 20,000 MSMEs and business partners, strengthening local entrepreneurship and ancillary industries. Its focused investments in underserved regions have also contributed to Kalahandi’s recognition as an Aspirational District by NITI Aayog. At the same time, Vedanta Aluminium has positioned Odisha strongly in global trade by exporting its products to more than 60 countries worldwide.

Beyond its industrial footprint, Vedanta Aluminium has invested over ₹500 crore in community development initiatives, positively impacting more than 10 lakh people across Odisha. Through sustained and focused interventions, the company continues to promote inclusive and sustainable development, strengthening livelihoods, enhancing human capital, and preserving the rich cultural heritage of the state.