Vedanta is pressing ahead with plans to establish a new 3 million tonnes per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, a senior company official confirmed. The projects, once completed, will effectively double the company's existing aluminium capacity.
Rajiv Kumar, CEO of Vedanta's Aluminium business, said the company is currently in the process of securing land for the proposed "mega aluminium plant." Vedanta currently operates with an aluminium capacity of 3 MTPA, and the new project is set to raise its total capacity to 6 MTPA.
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"We are moving towards setting up a new mega aluminium plant at Dhenkanal, Odisha, with a capacity of three million tonnes. We want to go to six million tonnes, for which we are actively involved in land acquisition, and hopefully things are progressing very well," Kumar added. The planned expansion highlights Vedanta's strategy to significantly grow its presence in the aluminium sector, leveraging its operations in Odisha," said Rajiv Kumar.
He noted that the upcoming green aluminium smelter has the potential to generate over two lakh jobs. Vedanta, he added, is already a leading manufacturer and exporter of billets, a vital raw material for the extrusion industry.
Kumar further revealed that the company plans to set up an aluminium park in Jharsuguda, Odisha, and is inviting downstream players to establish their manufacturing units within the park. The establishment of this new smelter will open up wide-ranging opportunities for MSMEs, boosting infrastructure development and reinforcing local supply chains. Even in the face of global economic challenges, India's manufacturing sector is positioning itself as a cornerstone of long-term growth and industrial resilience.
Manufacturing-led capital expenditure remains vital for accelerating GDP growth and expanding export capacity, while simultaneously generating large-scale employment, strengthening regional ecosystems, and driving critical infrastructure. These strategic, value-driven investments are set to shape India's path as a leading global industrial and economic powerhouse.
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