The upstream ecosystem for downstream and ancillary industries is well developed in Odisha with abundant availability of mineral resources and mother plants in proximity to the mineral rich regions. The salient features of the ecosystem include:
Feedstock commitments from the mother plants to the downstream and ancillary units in Aluminium, Steel and Stainless Steel
A cumulative smelting capacity of close to 1.0 MTPA comprising of National Aluminum Company (NALCO) with a capacity of 345,000 TPA, Vedanta Resources with smelting capacity of 500,000 TPA and Hindalco with smelting capacity of 145,000 TPA respectively.
Steel Authority of India Limited with a capacity of 4.5 million metric tons and planning to ramp up the production to 10.8 MTPA by 2025, Tata Steel with capacity of 6 MTPA of which the capacity of 3 MTPA in expected to be operational shortly, Essar Steel with a 6 MTPA palletization plant and the production expected to reach 12 MTPA by the end of 2015. Jindal Steel and Power Limited with an installed capacity of 9 MTPA and expansion plan upto 21.5 MTPA
Jindal Stainless Limited with a capacity of 1.8 MTPA.
Downstream and Ancillary investment opportunities are available across the metal sectors and segments as outlined below:
Segment | Aluminum | Steel | Stainless Steel |
---|---|---|---|
Industrial Segments | Cables, Foils, Panels, Castings, Forgings, Laminates, Rods, Reflectors, etc. | Equipment Manufacturing, Foundries, Flat/Cold rolled products, Fabrication, Machining and precision equipment, etc. | Fuel Containment vessels, Waste Handling Systems, Auto components, Fasteners, etc. |
Consumer Durables | Tubes, Bottles, Aerosol Cans and Panels, Refrigeration, Electronics, etc. | Appliances and white goods, etc. | Kitchen ware Life style industries Appliances |