Utkal Alumina hosts Annual Entrepreneurship Conclave to foster young entrepreneurs in tribal hinterland

Published: Aug 8, 2024 09:34
Utkal Alumina, a subsidiary of Hindalco Industries Limited, organised an Annual Entrepreneurship Conclave under Project Udyamee on July 27, 2024, at Rayagada, focusing on empowering communities and driving inclusive growth.

Utkal Alumina, a subsidiary of Hindalco Industries Limited, organised an Annual Entrepreneurship Conclave under Project Udyamee on July 27, 2024, at Rayagada, focusing on empowering communities and driving inclusive growth.

About 283 entrepreneurs attended the event, showing great enthusiasm and commitment to entrepreneurial development in the tribal hinterland.

The event was presided by Mr Rabi Mishra, Unit Head of Utkal Alumina, as the chief guest, in the presence of Mr Bijay Kumar Sahu, GM RIC, Rayagada; Mr Kanhu Charan Sahu, CFME DIC, Rayagada; Mr Siba Mahapatra, Cluster CSR Head; Ms Lopamudra Mishra, Utkal Alumina CSR Head, Ms Niharika Sahu, Mines CSR Head and EDIT members.

Project Udyamee was started on June 16, 2021, by Utkal Alumina in association with EDI to encourage entrepreneurs to present ideas and build a strong network. In only three years, the project has successfully produced 310 entrepreneurs.

Reiterating the commitment of Utkal Alumina towards community development, Mr Rabi Mishra said, "At Utkal Alumina, we are deeply committed to empowering the entrepreneurial spirit as a cornerstone of sustainable development. This Annual Entrepreneurship Conclave under Project Udyamee serves as a platform to ignite innovation, foster collaboration, and provide invaluable opportunities for growth. By investing in the next generation of entrepreneurs, we are not only shaping successful ventures but also nurturing a resilient and thriving community for the future."

Source: https://www.alcircle.com/news/utkal-alumina-hosts-annual-entrepreneurship-conclave-to-foster-young-entrepreneurs-in-tribal-hinterland-111635

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Harita Group to Invest $2.72B in Power Project for West Kalimantan Aluminum Complex
1 hour ago
Harita Group to Invest $2.72B in Power Project for West Kalimantan Aluminum Complex
Read More
Harita Group to Invest $2.72B in Power Project for West Kalimantan Aluminum Complex
Harita Group to Invest $2.72B in Power Project for West Kalimantan Aluminum Complex
[SMM Aluminum Express News] PT Kayong Power Nusantara, a subsidiary of Harita Group, plans to invest IDR 45.79 trillion (~USD 2.72 billion) in an integrated power project to support the alumina and aluminum complex at Pulau Penebang Industrial Park (KIPP) in North Kayong Regency, West Kalimantan. This dedicated power development will provide reliable energy for the ongoing alumina refinery and aluminum smelter projects led by Harita's PT Dharma Inti Bersama (DIB) at the same site (National Strategic Project/PSN status). The overall industrial venture (alumina + aluminum) is estimated at IDR 50–59 trillion, with operations targeted from 2027 onward.
1 hour ago
Indonesian Company Submits EIA for $1.5B Alumina Refinery Project in West Kalimantan
1 hour ago
Indonesian Company Submits EIA for $1.5B Alumina Refinery Project in West Kalimantan
Read More
Indonesian Company Submits EIA for $1.5B Alumina Refinery Project in West Kalimantan
Indonesian Company Submits EIA for $1.5B Alumina Refinery Project in West Kalimantan
[SMM Aluminum Express News] PT Supreme Alumina Indonesia (a subsidiary of PT Laman Mining) has submitted its Environmental Impact Assessment (AMDAL) for a planned smelter-grade alumina refinery in Ketapang Regency, West Kalimantan. The project targets 2.4 million tonnes per year (tpy) alumina production, requiring ~7.9 million tpy bauxite input. Estimated investment: ~USD 1.5 billion (IDR 25 trillion). Construction targeted to start Q2 2026.
1 hour ago
Expectations for US Fed Interest Rate Hold Heat Up, Aluminum Prices Expected to Move Sideways in Short Term [SMM Aluminum Morning Meeting Minutes]
1 hour ago
Expectations for US Fed Interest Rate Hold Heat Up, Aluminum Prices Expected to Move Sideways in Short Term [SMM Aluminum Morning Meeting Minutes]
Read More
Expectations for US Fed Interest Rate Hold Heat Up, Aluminum Prices Expected to Move Sideways in Short Term [SMM Aluminum Morning Meeting Minutes]
Expectations for US Fed Interest Rate Hold Heat Up, Aluminum Prices Expected to Move Sideways in Short Term [SMM Aluminum Morning Meeting Minutes]
[SMM Aluminum Morning Meeting Minutes: Expectations for US Fed Interest Rate Hike Heat Up, Aluminum Prices to Move Sideways in the Short Term] Overall, from a macro perspective, rising short-term expectations for US Fed interest rate hikes are pushing up the US dollar, while geopolitical tensions between the US and Iran and tariff policies are intensifying risk aversion. Coupled with a slowdown in US economic resilience and a weak recovery in the eurozone, the global macro environment is characterized by a fragile balance and high fluctuations. Seasonal pressure from the fundamentals is becoming more pronounced. On the supply side, new aluminum projects domestically and overseas are steadily ramping up production. Demand side, attention should be paid to the pace of downstream enterprise resumptions after the holiday. Currently, due to seasonal oversupply, the market widely expects post-holiday inventory peaks to reach 1.3 million mt, hitting a five-year high, which will be a key factor suppressing prices. Overall, aluminum prices are expected to move sideways in the short term.
1 hour ago