Saturday, March 21, 2015

Industrial units create over 100,000 jobs in Odisha

Business Standard, March 20, 2015
Employment generation has been across sectors like steel, aluminium, power, cement and food processing
Over 100,000 have been generated in the state bythat have gone into either partial or full scale production after signing memorandum of understanding (MoU) with the state government.

Of the 92 proponents that have inked MoUs with the state government, 66 have commenced production, either partially or fully. Direct and indirect employment has been created for 100,410 people, including 70,241 within the state with the balance 29,442 hired from outside the state, according to a factsheet provided by industries minister Debi Prasad Mishra in the state assembly.

Employment generation has been across sectors like steel, aluminium, power, cement and food processing.

has the lion's share in job creation with emerging as the top employer. The steel maker's plant at Meramandali near Dhenkanal has generated jobs for 18,801 persons. Another Bhushan Group firm Bhushan Power & Steel Ltd has so far employed 12,155 people, including 7,408 from within the state for its 2.8 million tonne steel plant at Sambalpur.

& Power Ltd (JSPL) has commenced partial production on its proposed six million tonne steel plant near Angul, creating employment for 11,683 persons.

Other projects in the steel sector to have created substantial jobs include the ones established by Essar Steel, Visa Steel, MSP Metaliks Ltd, Action Ispat & Power Ltd OCL Iron & Steel Ltd, Aarti Steels Ltd, Sree Metaliks Ltd, Adhunik Metaliks Ltd, Jindal Stainless Ltd (JSL) and SMC Power Generation Ltd to name a few.

In the aluminium sector, Vedanta Group owned company Sesa Sterlite is the biggest employer. Both from its alumina refinery unit at Lanjigarh and aluminium smelting unit at Bhurkamunda near Jharsuguda, Sesa Sterlite (previously Vedanta Aluminium Ltd) has generated 12,470 jobs, including 9,957 for people within the state.

In the power sector, jobs have been generated by players like Sterlite Energy Ltd, GMR Energy Ltd and Jindal India Thermal Power Ltd (JITPL).

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