BC Jindal Group announced a massive $2 billion investment to construct a new greenfield steel facility in Odisha, marking one of eastern India's largest industrial commitments. The downstream-focused plant will incorporate cutting-edge technologies and environmental systems unavailable in older facilities. Odisha's strategic advantages include abundant iron ore reserves, port access, and established steel industry ecosystem. The facility targets value-added segments like automotive and construction materials, generating higher profit margins than commodity steel production.