Adani and UAE's IHC to invest $11.5 billion in Odisha aluminium project
According to a Reuters report citing a state official, the Adani Group and the UAE's International Holding Company (IHC) are set to invest $11.5 billion into an aluminium venture in Odisha. The two companies will each own a 50% share in the project, which encompasses a smelter, a refinery, an aluminium manufacturing park, and a captive power plant. This initiative is projected to generate 53,500 employment opportunities.
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