Odisha Boosts Mineral Production, Industry
Analysis based on 6 articles · First reported Apr 07, 2026 · Last updated Apr 08, 2026
The initiatives by Mohan Charan Majhi to boost mineral production and industrialization in India — Odisha are expected to positively impact the mining and steel sectors, ensuring raw material supply for companies like Tata Steel, JSW Group, and ArcelorMittal — ArcelorMittal Nippon Steel India. This could lead to increased investment and economic growth in the region, potentially benefiting the stock prices of involved companies.
India — Odisha Chief Minister Mohan Charan Majhi held a high-level meeting with mining leaseholders and industrialists to urge increased iron ore production and industrial growth in the state. He assured full government support for mining activities and encouraged setting up manufacturing facilities in mineral-rich districts. The state government has prepared an annual mining auction calendar for 2026-27 and is creating a database for land acquired for compensatory afforestation. Naveen Jindal, president of the Indian Steel Association, praised India — Odisha's policies and requested priority raw material allocation for local industries. Key industry leaders from Tata Steel, JSW Group, and ArcelorMittal — ArcelorMittal Nippon Steel India attended the meeting.
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