Naveen Lays Foundation Stone of India’s First-ever Stainless Steel Industrial Park in Jajpur

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Thursday laid the foundation stone of India’s first-ever stainless steel industrial park to be developed by Jindal Stainless Limited (JSL) in Jajpur district.

This has been informed by JSL Managing Director Abhyuday Jindal through his twitter handle.

Honoured to have had Shri @Naveen_Odisha lay the foundation stone of India’s first-ever #StainlessSteel Industrial Park conceived by @Jindal_Official in Jajpur, #Odisha today. With this 271-acre Park, we envision to strengthen upstream and downstream industry affinities. pic.twitter.com/uGD6sWkpKp

— Abhyuday Jindal (@abhyudayjindal) December 1, 2022

The stainless steel park will be built by JSL at an estimated investment of Rs 1,500 crore. It will be constructed in two phases over a period of next six years. It will create a robust ecosystem for the stainless steel industry and promote over 100 downstream and ancillary manufacturers, the company said.