Bhubaneswar, April 24 -- Education Minister Dharmendra Pradhan on Friday said the newly formed joint venture, JSW JFE Steel Limited, with an investment of around Rs. 1 lakh crore, is set to transform Odisha,particularly Sambalpur and Jharsuguda,into a leading manufacturing and logistics hub in India.
Pradhan, along with Odisha Chief Minister Mohan Charan Majhi, attended the grand launch ceremony of the joint venture between JSW Steel and JFE Steel Corporation in Sambalpur.
Welcoming the landmark collaboration, Pradhan said the project will primarily focus on the production of high-quality steel and involve one of the largest industrial investments in the state. He noted that as India and Japan prepare to celebrate 75 years of diplomatic r...