India, Oct. 23 -- Vedanta Group chairman Anil Agarwal on Thursday met Odisha chief minister Mohan Majhi, unveiling his group's plans to invest around Rs.1 lakh crore in the state over the next few years.

Among the major announcements is a Rs.2,000-crore state-of-the-art ferro-alloy plant in Keonjhar district, apart from two new aluminium parks - one near its existing Jharsuguda facility and the other location to be finalized by the state government - which will manufacture high-grade aluminium alloys for aerospace, electric vehicles, and defence applications.

Vedanta currently operates a 1.8 Million Tonnes Per Annum (MTPA) aluminium smelter at Jharsuguda with a 4,900 megawatt (MW) captive power plant, a 3.5 MTPA alumina refinery at Lanj...