Bhubaneswar: National Aluminium Co Ltd plans to invest Rs 5,520 crore ($756.4 million) in Odisha to expand capacity, a government statement said on Tuesday.
The company plans to manufacture aluminium products and a proposal has been sent to a panel headed by the state's chief minister for approval, the statement added.
Odisha has received investment proposals worth Rs 7,416 crore, mainly from Indian companies, as part of its drive to create employment, the state government said.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.