New Delhi, Sept. 26 -- Vedanta Group Chairman Anil Agarwal has announced a Rs 1 lakh crore investment drive in Odisha, with plans spanning aluminium, mining, refining and downstream manufacturing, while seeking faster land allocation and government clearances to take the projects forward over the next two-and-a-half to three years.

Agarwal made the announcement after meeting Odisha Chief Minister Mohan Charan Majhi on Saturday, saying the group was ready to invest in projects aimed at expanding industrial activity and employment in the state.

He said Vedanta was looking to develop another refinery in Raigarh and a smelter, while also seeking to advance work related to bauxite and aluminium production. The group also plans to expand its ...