Vedanta in talks for setting up auto ancillary park in Odisha's Jharsuguda

Anil Aggarwal-controlled Vedanta plans to set up a hot metal park at Jharsuguda in Odisha in partnership with the state government. The proposed joint venture would host auto ancillary units in the park with Vedanta’s aluminium unit being the anchor.

The company has already started working with all top automobile original equipment makers (OEMs) over the last few months and has signed agreements with them. Apart from other auto products, Vedanta is specifically looking at alloy wheels. “We are in talks with the government of Odisha to put up a hot metal park there and have automobile ancillary units. It