Odisha Chief Minister Mohan Charan Majhi and Aditya Birla Group Chairman Kumar Mangalam Birla (proper). Photos are used for consultant functions solely. |Photograph courtesy of PTI
Aditya Birla Group on Saturday (July 11, 2026) proposed to take a position a further Rs 12,000 crore for growth of its greenfield alumina smelter venture at Kansariguda in Odisha’s Rayagada district, in line with an official assertion.
The announcement was made by the group’s chairman Kumar Mangalam Birla after assembly Odisha Chief Minister Mohan Charan Majhi in Bhubaneswar.
The corporate’s new funding proposal emerged because the group reviewed the progress of its ongoing and deliberate investments within the state.
The corporate already has a refinery and two smelting crops in Odisha and is implementing a 1MTPA capability greenfield refinery venture at Kansariguda with an funding of ₹8,000 crore by means of Hindalco Industries Restricted.
The corporate’s funding will improve to ₹20,000 crore with the proposal to increase the venture’s manufacturing capability from 1 MTPA to three MTPA.
The assembly supplied a discussion board to debate the implementation of main initiatives undertaken by the group in Odisha and establish well timed facilitation measures, the assertion stated.
The dialogue additionally centered on additional increasing its presence in sectors the place the Aditya Birla Group at the moment doesn’t have vital operations within the state.
Preserving in thoughts the venture’s long-term potential and lively assist from the state authorities, the group proposed extra funding.
The venture is predicted to create substantial direct and oblique employment and additional alternatives for native companies, service suppliers and downstream industries, the assertion stated.
Majhi welcomed the proposal and stated Odisha’s energy in mineral assets ought to result in elevated worth addition, superior manufacturing and high quality employment within the state.
The Prime Minister stated aluminum was central to this imaginative and prescient.
“We intend to not solely lead the nation in alumina and aluminum manufacturing, but in addition construct a globally aggressive ecosystem throughout your complete worth chain, from refining and first metals to downstream superior merchandise,” Majhi stated.
The Prime Minister additional stated that the growth of Kansariguda refinery will additional strengthen this momentum and strengthen Odisha’s place as India’s main metals and metallurgy hub.
He additionally assured the group of continued assist from the state authorities for well timed implementation and growth of the venture.
Majhi stated the state authorities will work intently with the corporate to facilitate land, infrastructure, public works, statutory approvals and different venture necessities by means of a coordinated method.
The assembly additionally reviewed the Group’s current and proposed investments throughout aluminium, alumina, chemical compounds, cement, renewable power, textiles and attire.
The talks additionally addressed potential investments in copper smelting, copper-clad laminates and printed circuit boards, paints, jewellery manufacturing and superior aluminum merchandise, the folks stated.
The extra funding within the growth of Aditya Birla Group’s greenfield refinery venture comes days after the state authorities signed a memorandum of understanding with Adani Enterprises Ltd (AEL) and Abu Dhabi-based Worldwide Assets Holding (IRH) to develop an built-in greenfield aluminum venture with an estimated funding of roughly INR 1.08 billion (US$11.5 billion).
