 "Steel rising in the east: JSW, AM/NS India waiting to set foot in Odisha")
In 2005 and 2006, the steel industry was booming and a slew of memorandum of understanding (MoU) was signed for greenfield projects — adding up to 150 million tonnes — to be set up in the mineral-rich states of Odisha, Jharkhand and Chhattisgarh. The list included marquee global names such as Posco and ArcelorMittal, but neither of the projects saw the light of day for delays in acquiring land and securing mines.
A decade and half later, with the commodity cycle back at peak levels, the region is seeing renewed interest for setting up new integrated mega steel plants. Two of
