Vedanta To Invest Rs 25,000 Crores In Odisha, Signs MoU

Vedanta Resources announced an investment of Rs 25,000 crore for the expansion of its aluminium, ferrochrome and mining business in Odisha. The decision to have investment in "Make in Odisha" initiative was made on September 16, after the Vedanta representative met with Odisha CM Naveen Patnaik. Vedanta already has the single largest investment of Rs 80,000 crore in the state and its quantum of investment contributes 4% GDP.