Bhubaneswar: 13/6/20: Global steel giant ArcelorMittal & Nippon Steel on Saturday expressed its willingness to invest around Rs 2000 crore in Odisha. The CEO of ArcelorMittal group Laxmi Mittal informed about the investment proposal while holding discussions with Odisha Chief Minister Naveen Patnaik via video conferencing today. During the online discussion, Laxmi Mittal informed that his company is planning to expand the pellet plant at Paradip and increase its production capacity from 6 MTPA to 12 MTPA. He further said that expansion of his iron beneficiation facility at Dabuna in Keonjhar from 5 MTPA to 16 MTPA is also on the cards making it a total of investment proposals worth around Rs 2000 crore
.Patnaik advised the steel magnate to add value to the mineral resources procured from Odisha in the State itself so that it will help spur creation of more employment opportunities and enhance the development of the State economy. The office of the Chief Minister will interact with the authorities of the ArcelorMittal so that the proposed projects make the headway very soon.