NewsFlash / Aluminium / Odisha Urged to Implement Bold Reforms to Leverage Mineral Resources for Growth
Odisha Urged to Implement Bold Reforms to Leverage Mineral Resources for Growth
iconMay 7, 2025 10:27
Source:SMM
[Odisha Needs Bold Reforms to Harness Mineral Wealth for Future Growth, Say Experts] Experts speaking at a white paper launch in Bhubaneswar on May 6, 2025, emphasized that Odisha must strategically develop its vast mineral reserves—comprising 35% of India’s iron ore, 59% of its bauxite, and abundant coal—to secure inclusive and sustainable prosperity. The report, released by AIDENT, criticizes the state’s underutilization of its natural resources due to procedural delays and policy inertia, calling this a "now-or-never" moment for transformation. The white paper outlines a phased strategy: short-term regulatory reforms, mid-term infrastructure investments in mineral corridors and manufacturing clusters, and a long-term vision to become a hub for green aluminium, steel, and critical minerals. Fully unlocking Odisha’s bauxite potential alone could empower 10,000+ SMEs, generate 2.4 million jobs, and attract billions in investment, transforming the state from a raw resource exporter to a value-added industrial powerhouse.

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