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Bhubaneswar: Tata SteelNSE 0.22 % is ready to invest in a downstream park on 400 acres next to its Kalinganagar steel plant in Jajpur district of Odisha.
Its recent in-principle nod for the downstream steel park, adding to commitments made by Jindal Steel and PowerDNS 1.22 %, Vedanta Resource, Jindal Stainless, and Nalco, is a result of the Odisha government’s push for downstream investment banking on primary metal produced in Odisha.
Officials in the state government told ET,...