Aditya Birla group to invest over Rs.750 bn in OrissaMay 23rd, 2008 - 2:07 am ICT by admin
Bhubaneswar, May 22 (IANS) The Aditya Birla group plans to invest over Rs.750 billion in industrial and other projects in Orissa, the chairman of the group, Kumar Mangalam Birla said here Thursday. The investments are planned in sectors such as cement, alumina, telecom, retail and BPO over next few years, said Birla, who met Chief Minister Naveen Patnaik to apprise him on the status of projects planned.
“We have some issues, which need to be looked into. We are facing problems in some of the projects and the chief minister has committed to help resolve them,” he said.
Apart from a alumina refinery at Kashipur and a smelter plant at Sambalpur, the group is also planning to set up two cement plants in the state, Birla said.
The industrial house also plans foray into telecom and retail sectors in the state. The telecom services could be launched within next six months, he added.