Home » Corporate » Italian delegation shows interest in investing in Angul Aluminium Park

Italian delegation shows interest in investing in Angul Aluminium Park

The prospect of rapid expansion in the Aluminium sector in Odisha, especially in the upcoming Angul Aluminium Park has attracted the attention of the visiting high level delegation team from Italy to set the platform for investment and collaboration with its counterparts in Odisha and India.The Aluminium Association of India (AAI) held the Indo-Italian Metal Hub seminar in NALCO Nagar, Bhubaneswar, in which Italian team led by the Consul General of Italy, Italian Aluminium Association, CEOs and Senior Executives of different Italian organisations and the Indian team led by NALCO, Govt.of Odisha, businesses and Government agencies and associations of Indian and Italian industry were involved in important deliberations and discussing the way forward to collaborate in the Aluminium sector.Mr. Damiano Francovigh, Italian Consul General in India stressed on improvement of bilateral relations between India and Italy, saying, ‘’Strengthening economic cooperation between India and Eastern India will go a long way in improving relations between Italy and India. The Indo-Italian Metal Hub seminar titled ‘Aluminium Age’ is also an effort in that direction.’’Shri Niranjan Pujari, Hon’ble Minister of Housing and Urban Development, Govt.of Odisha, said, ‘’Odisha offers the perfect ecosystem to be the Hub of Aluminium sector and we are committed to forge strong economic tie with Italy. The molten aluminium can be directly obtained from NALCO when the Angul Aluminium Park becomes operational.’’ The seminar was preceded by a site visit to proposed Angul Aluminium Park on 19th Jan 2018.  Shri Sanjeev Chopra, IAS, Additional Chief Secretary-cum-Principal Secretary to the Govt. Of Odisha and Chief Speaker at the seminar also strongly pitched the upcoming Angul Aluminium Park, saying, ‘’This visit by the Italian delegation team has come at a very opportune time as the future looks bright for investors looking at investing in the aluminium sector in Odisha. The potential for collaboration is immense. The response to the Angul Aluminium Park is unprecedented and will become a major centre in the world for aluminium downstream activities. The Park will rival the best in the world and NALCO will be there to provide concessions and hand-holding support to organisations.’’  Mr. S.K.Dash, Executive Director, NALCO, added, ‘’We welcome the visiting delegation team from Italy and are ready to walk the extra mile to make Angul Aluminium Park an attractive investment destination for businesses.’’The Seminar is expected to pave the way for discussion amongst important players, businesses, State Government and Government agencies, and associations of Indian and Italian industry in the engineering, metals and transportation sectors. The Indo-Italian Metal HUB tour is a programme aimed at decision makers in the industrial sector in India, Italy and Europe.The Italian delegation was represented by HE Damiano Francovigh, Italian Consul General in India, Mr Maurizio Sala, President, Amafond, Ms. Francesca Bruni, President, Art Valley, among other dignitaries, while the Indian team was led by Mr. Pratap Aditya Mishra, Additional Director General, Aluminium Association of India officials, senior officials from NALCO, Mr. Kamal Prakash, Director, Jiwanram Sheoduttrai Group, and other businesses and Govt. Officials.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

CIL Achieves Record Coal Production of 703.91 MT up to 7th March 2024

The Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes (MT) ...

ChipIN, the one-stop centre for chip designers across the country, gets fillip with support from semiconductor industry leaders

“This is a huge opportunity for current and budding entrepreneurs from Trivandrum and Kerala, to ...

Make in India not only for India but for the world: Power and New & Renewable Energy Minister Shri R. K. Singh exhorts manufacturing industry

The Union Minister for Power and New & Renewable Energy Shri R. K. Singh has ...

Measures by Government shall lead to three-fold increase in Natural Gas consumption by 2030: Petroleum Minister Hardeep S Puri

In a significant stride towards achieving 100% coverage of country’s area for the development of ...

Historical Coal Production growth: Cheaper and Assured Availability

Our country is endowed with 5th largest geological reserves of coal.  We are 2nd largest consumers of ...

Coal Production and Dispatch from Captive and Commercial Mines Goes up by 27% and 29% respectively during Current Fiscal upto February 2024

There is month on month (m-o-m) and year-on-year (yoy) increase in coal production and dispatch ...

Shri Dharmendra Pradhan launches Project ODISERV

Union Minister of Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, launched Project ODISERV ...

Indian Railways achieve 1434.03 MT freight loading till February, 2024

On cumulative basis from April 2023 – February 2024, freight loading of 1434.01 MT was ...

Government amends Electricity (Late Payment Surcharge and Related Matters) Rules, 2022 to ensure optimum utilization of available power generating capacity

The Government of India has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of ...

Financial Intelligence Unit-India (FIU-IND) imposes penalty of Rs. 5,49,00,000 on Paytm Payments Bank Ltd with reference to violations of its obligations under PMLA

The Financial Intelligence Unit-India (FIU-IND), in furtherance of the powers conferred upon the Director FIU-IND ...

WP2Social Auto Publish Powered By : XYZScripts.com