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Russian, Chinese Cos Keen To Invest In Odisha Nimz At Kalinganagar | Business Standard News

by business-standard.com posted 2months ago 15 views
An outlay of Rs 106.27 billion is pegged for developing the external and internal infrastructure for the zone. : The National Investment and Manufacturing Zone (NIMZ) in Odisha proposed to developed at Kalinganagar, home to a cluster of steel industries, has attracted interest from steel investors in Russia and China. “A Russian company evinced interest to establish a speciality steel unit within NIMZ at an investment of Rs 3.5 billion. A few downstream steel companies from China are also keen to invest. Kalinganagar, the site of our NIMZ offers good scope for steel downstream investments.