State targets 130MT annual steel production by 2030 | Bhubaneswar News
Bhubaneswar: CM Mohan Charan Majhi on Friday announced ambitious plans to boost the state’s steel manufacturing capacity to over 130 million tonnes annually by 2030, positioning Odisha as India’s steel manufacturing hub.
Speaking at the ‘India Steel 2025‘ conference in Mumbai, Majhi highlighted that Odisha currently leads the nation in both crude and stainless steel production, with 54 integrated plants having a total installed capacity of 41.21 million tonnes per annum (MTPA). “We are transitioning from a model of resource extraction to value creation,” stated Majhi, emphasising the state’s commitment to developing a comprehensive metal-based manufacturing value chain. The ambitious target would require around 190 million tonnes of iron ore to be made available within the state.
The CM assured investors of sufficient mineral resources, noting that Odisha contributes 55% of India’s iron ore production. The state is now auctioning eight major mineral blocks with a combined resource of 323 million tonnes and plans to auction 22 more blocks by March 2026. “Following the 2015 MMDR Act amendment, we successfully auctioned 44 major mineral blocks. We are now proceeding with more auctions to strengthen our mineral sector,” said Majhi.
The CM emphasised Odisha’s contribution to India’s mineral production, noting that the state accounts for 47% of the total output. He projected that Odisha’s share in iron ore production would increase from the current 58% to 70% by 2030-31, with production reaching 240-245 million tonnes. To support the growth, the Odisha Mining Corporation aims to increase its iron ore production to 75 million tonnes by 2029-30. State govt has also implemented a long-term ‘Linkage Policy’ to ensure transparent and timely raw material supply to end-users.
The announcement aligns with India’s vision for 2047 and comes amid significant infrastructure investments in railways, highways, airports and ports in the state. In the conference organised by the ministry of steel, CM Majhi chaired a session on ‘State Roundtable: Odisha — Focusing on Expanding Steel Production and Raw Material Supply’. India’s top steel producers, including Tata Steel, JSPL, JSW, SAIL, AM/NS and others, participated in the session.
Speaking at the ‘India Steel 2025‘ conference in Mumbai, Majhi highlighted that Odisha currently leads the nation in both crude and stainless steel production, with 54 integrated plants having a total installed capacity of 41.21 million tonnes per annum (MTPA). “We are transitioning from a model of resource extraction to value creation,” stated Majhi, emphasising the state’s commitment to developing a comprehensive metal-based manufacturing value chain. The ambitious target would require around 190 million tonnes of iron ore to be made available within the state.
The CM assured investors of sufficient mineral resources, noting that Odisha contributes 55% of India’s iron ore production. The state is now auctioning eight major mineral blocks with a combined resource of 323 million tonnes and plans to auction 22 more blocks by March 2026. “Following the 2015 MMDR Act amendment, we successfully auctioned 44 major mineral blocks. We are now proceeding with more auctions to strengthen our mineral sector,” said Majhi.
The CM emphasised Odisha’s contribution to India’s mineral production, noting that the state accounts for 47% of the total output. He projected that Odisha’s share in iron ore production would increase from the current 58% to 70% by 2030-31, with production reaching 240-245 million tonnes. To support the growth, the Odisha Mining Corporation aims to increase its iron ore production to 75 million tonnes by 2029-30. State govt has also implemented a long-term ‘Linkage Policy’ to ensure transparent and timely raw material supply to end-users.
The announcement aligns with India’s vision for 2047 and comes amid significant infrastructure investments in railways, highways, airports and ports in the state. In the conference organised by the ministry of steel, CM Majhi chaired a session on ‘State Roundtable: Odisha — Focusing on Expanding Steel Production and Raw Material Supply’. India’s top steel producers, including Tata Steel, JSPL, JSW, SAIL, AM/NS and others, participated in the session.
