Tata Steel is set to significantly expand its Kalinganagar plant in Odisha, increasing its capacity from 3 million tonnes per annum (MTPA) to 8 MTPA shortly at an investment of ₹27,000 crore. This phase-two expansion will position Odisha as the largest investment destination for Tata Steel, the country's oldest steel maker.

“Even as the company is on the verge of commissioning its expanded capacity in Kalinganagar (to 8 MTPA), Tata Steel believes that the plant has a further scope to double this to 16 MTPA in the coming years, which will further strengthen Odisha’s role in Tata Steel’s growth journey,” the company said in a release.

Tata Steel completed the first phase in 2015 with an investment of ₹25,000 crore and further ramped up its capacity in Odisha through the acquisition of Neelachal Ispat Nigam Ltd (NINL) in 2022 with an additional investment of ₹12,100 crore. Along with the Tata Steel Meramandali (formerly Bhushan Steel Ltd) plant in the Dhenkanal district, Tata Steel's total investment in Odisha now stands over ₹100,000 crore.

"The ongoing expansion in Kalinganagar will play an important role in Tata Steel's ambition to achieve its target of 40 MTPA capacity in India by 2030,” the company said in a release.

Vice President, Corporate Services, Tata Steel, Chanakya Chaudhary said: “At Tata Steel, we are proud to partner Odisha in driving India’s industrial transformation. The abundance of mineral wealth and other natural resources, combined with the large pool of skilled workforce and investor-friendly policy environment has provided significant support for Tata Steel's ongoing growth and investments in the state.”

Tata Steel’s presence in Odisha has also significantly improved the state’s industrial landscape through the development of projects like the Gopalpur Industrial Park (GIP), which was developed by Tata Steel Special Economic Zone Limited (TSSEZL).

The Gopalpur Industrial Park is strategically located in the Ganjam district in southern Odisha. Built with an investment of ₹730 crore, GIP now houses not only Tata Steel’s facilities, but also other companies including Tata Consumer Products, Anadrone Systems Private Limited, East Coast Overseas, and Odimet Resources.

"The complex is also expecting new facilities to manufacture green hydrogen/ammonia facilities, a global-scale Technical Ammonium Nitrate Complex, and an L-CNG Conversion Unit to cater to domestic and industrial gas needs,” the company said.