India, Jan. 28 -- JSW Group, a major industrial conglomerate in India, has announced its plans to establish a steel plant in collaboration with POSCO, a South Korean steel manufacturer, in Keonjhar.

Sajjan Jindal, Chairman of the JSW Group, disclosed this development in an exclusive interview with OTV (Odisha Television Limited) during Utkarsh Odisha Conclave on Tuesday, highlighting the ongoing discussions and potential investment of between Rs 30,000 and 40,000 crore in the venture.

The collaboration between JSW and POSCO is poised to boost the industrial landscape of Keonjhar, a district known for its rich mineral resources. The proposed steel plant is expected to enhance local employment opportunities and stimulate economic growth i...