Bhubaneswar: L&T CEO & MD SN Subramaniyan called on Chief Minister Naveen Patnaik at his residence here on Friday. During a meeting with L&T chief, Naveen shared proposals mutually beneficial for the State and the company.
A remarkable increase in the capacities for steel and aluminium manufacturing in Odisha will increase the need for mining and mechanical machinery, industrial and social infrastructure and also electricity.
“These factors may be considered by L&T to expand their presence in the state and also enter new verticals of business to gain from Odisha’s ever-growing industry landscape,” the CM said. According to the CMO, Naveen proposed 8 potential sectors where L&T can diversify its work in Odisha.
Below are the sectors and potential projects highlighted by the Odisha CM at the meeting:
Infrastructure: The company may explore to develop common industrial facilities such as water and effluent treatment plant for upcoming industrial hubs such as Paradip, Gopalpur, and Dhamra
Manufacturing facilities in Green Hydrogen and defence sectors: While L&T has an eminent presence in Odisha, the company may explore an option to set-up units in aerospace and defence manufacturing and green hydrogen sectors
Minerals and Metals: Metallurgical & Material Handling arm of L&T can set up office in Bhubaneswar. Odisha is home to all major minerals and metals, and hence L&T can explore setting up an office in the state.
Information Technology: Mindtree has a Global learning & Software Delivery Center in Bhubaneswar which can be upgraded to a Development Center
Shipbuilding & Shiprepair: Shipbuilding is one of the priority sectors in Odisha with three major ports Dhamra, Paradip and Gopalpur. L&T can develop services such as Refits, Repairs, and Midlife Upgrades for Defence & Commercial vessels
Education: L&T can introduce its school adoption program in villages near infrastructural hubs to enhance the quality of education for the children of workers
Skill Building: L&T to increase the intake at its existing CSTI at Cuttack set up jointly with OSDA to 10000 per year. Introduce new trade and satellite centres at other locations
Infrastructure: To set up a mega structure fabrication facility for supply to its construction sites
