Tata Steel's Kalinganagar plant creates job for over 21,000 persons

This includes direct employment for 3611 persons and indirect (contractual) employment for 18344 persons

steel
Renaissance, a bidder for Electrosteel, had challenged the eligibility of the two bidders under Section 29A of the IBC
BS Reporter Bhubaneswar
Last Updated : Jun 01 2018 | 6:57 PM IST
Tata Steel's Kalinganagar plant has generated direct and indirect employment opportunities for more than 21,000 persons.

The plant, which commenced commercial production in May 2016 has attained the rated capacity of three million tonnes per annum. By April this year, the project has generated employment opportunities for 21955 persons. This includes direct employment for 3611 persons and indirect (contractual) employment for 18344 persons.

This is considered important at a time when most of the industries located in Kalinganagar Industrial Complex have been passing through a tough time and are laying off workers and labourers. While 59.62 per cent of the total employees engaged directly by Tata Steel are from Odisha, 80.71 per cent of the total contractors’ workforce working for Tata Steel belongs to the state. Importantly, 22.76 per cent (822) of employees engaged directly by Tata Steel and 32.07 per cent (5884) of the total contractors’ workforce working for the company belong to Jajpur district.

The company has been adhering to the conditions of the Memorandum of Understanding (MoU) of the state industries department in all its recruitment initiatives. While the terms and conditions laid down in the MoU are strictly followed, first preference is given to local people in all recruitment.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story