Bhubaneswar, Oct. 23 -- Vedanta Group Chairman Anil Agarwal today met Odisha Chief Minister Mohan Charan Majhi and announced a transformative investment plan of Rs 1 lakh crore to accelerate the state's industrial and socio-economic growth.

According to Vedanta sources, the proposed investment is expected to create over one lakh direct and indirect jobs in the state.

The Odisha government, reaffirming its support for the initiative, assured that land would be provided at the earliest to facilitate the commencement of the mega greenfield projects under this plan.

As part of the proposal, Vedanta will invest Rs 2,000 crore to set up an advanced ferro alloys plant in Keonjhar, strengthening Odisha's position in the global metals value chain...