Bhubaneswar: In a major boost to industrial sector in Odisha, Vedanta Limited has announced to invest Rs 1 lakh crore in the state.

Vedanta Group chairman Anil Agarwal made this announcement after a meeting with Chief Minister Mohan Charan Majhi in the capital city here today.

The aluminium major has planned to set up 3 MTPA aluminum plant in Odisha. The proposed project is likely to create employment opportunities for around 40,000 people.

The company is ready to begin work for the project within three to four months of land allocation, said Agarwal.

The Chief Minister has assured the company to allocate land and facilitate all necessary clearance for the project within a month.

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