Given the acc. of the growth of steel indus. In odisha & discuss the prob. faced by it for raw mat.
- srichandan

- Dec 17, 2022
- 1 min read
The steel industry in Odisha has grown significantly in recent years, driven by the state's rich iron ore deposits and its strategic location on the eastern coast of India. The industry plays a crucial role in the state's economy, providing employment and contributing to the development of infrastructure and other sectors.
However, the steel industry in Odisha has faced several challenges in procuring raw materials, particularly iron ore. One of the main issues is the limited availability of high-quality iron ore deposits within the state. As a result, steel companies in Odisha often have to rely on imported iron ore, which can be more expensive and less reliable than domestic sources.
Another problem faced by the steel industry in Odisha is the lack of adequate transportation infrastructure, which can make it difficult to transport raw materials from mines to processing facilities. This can lead to delays and increased costs for the industry.
In addition, the steel industry in Odisha has faced challenges related to environmental regulations. For example, there have been instances where steel companies have faced delays in obtaining the necessary permits to operate due to concerns about the impact on the environment.
Despite these challenges, the steel industry in Odisha continues to grow and contribute to the state's economic development. In recent years, the government has taken steps to address some of these issues, such as investing in transportation infrastructure and streamlining the permitting process for new projects. Overall, the steel industry in Odisha has the potential to continue to thrive and contribute to the state's economic growth, provided that these challenges can be effectively addressed






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