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POSCO Shifts Focus From Odisha Project, Says 'No Progress'
18 Jul 2015, 05:43 PM IST i


New Delhi: Steel giant POSCO has shifted its focus from a proposed $12-billion steel plant in Odisha citing "no progress" in the project.
"Actually no progress," a POSCO India spokesperson told PTI when asked about whether the firm is temporarily suspending its project in Odisha where it plans to set up a 12 million tonne (MT) steel plant.
When pressed further, the spokesperson said, "Not pulling out from India. Shifting its focus ...
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