India’s Navaratna Central Public Sector Enterprise National Aluminium Company Limited (NALCO), in partnership with Odisha Industrial Infrastructure Development Corporation (IDCO), is revitalising the Angul Aluminium Park to strengthen Odisha’s industrial ecosystem. A roadshow on 23 September 2025 will highlight opportunities for MSMEs in downstream and ancillary industries, aiming to attract investment, create jobs, and boost value addition.
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A high-level meeting, chaired by Shri Brijendra Pratap Singh, CMD NALCO, and co-chaired by Shri Jagdish Arora, Director (Projects and Technical) with additional charge of Director (HR) NALCO, brought together leading associations. Representatives from the Utkal Chamber of Commerce and Industry Ltd (UCCIL), FICCI, CII, and Assocham also joined the dialogue.
The UCCIL delegation was led by its president, Dr Prabodh Mohanty. Notably, UCCIL has been given the lead role in collating inputs from premium associations. Dr Sanjeev Mahapatra, Honorary Secretary, was tasked with preparing the draft presentation by consolidating inputs. He obtained assistance from Shri Ali Kishore Patnaik. Meanwhile, Murali Jamula, Vice President (Commerce), reached out to other affiliate associations as part of the collaborative framework, which makes observable and concerted efforts to ensure the Road Show generates substantial investor interest.
Beyond infrastructure, the Angul Aluminium Park reflects a strategic policy shift to strengthen regional value chains in aluminium, an area where India still trails China and the Middle East. Globally, such parks like Vedanta Aluminium park in Jharsuguda, Orissa, which covers nearly 253 acres of area and was made to attract over 100 SMEs and MSMEs and also generated two lakh employment opportunities and has successfully drawn downstream industries like automotive casting and packaging. The Angul initiative positions Odisha to leverage its mineral wealth for broader industrial development.
NALCO’s stock surge signals investor confidence in its downstream aluminium ambitions. On 2 September 2025, its shares rose 3.03 per cent to close at INR 197.60 (USD 2.25), with analysts citing revenue growth, net profit and trading volume as the catalysts. Strong institutional interest is reflected in the growth in open interest and appears to represent confidence in the company's long-term strategy.
With the Road Show on the immediate horizon, policymakers on board, and good energy in the stock market and collaboration in the industry, NALCO appears very well set to move the downstream aluminium development agenda forward.
Also read: ALCircle's flagship e-magazine — ALuminium LeaderSpeak 2025
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