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Italian delegation shows interest in Angul Aluminium Park investment

Updated: January 20th, 2018, 21:19 IST
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Bhubaneswar: 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 here Saturday.

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The 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, state government, businesses and government agencies and associations of Indian and Italian industry held several discussions during the seminar.

Damiano Francovigh, Italian Consul General in India said: “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.’’

Niranjan Pujari, minister of housing and urban development, said, “Odisha offers the perfect ecosystem to be the hub of aluminium sector and we are committed to forge strong economic ties with Italy. The molten aluminium can be directly obtained from NALCO when the Angul Aluminium Park becomes operational.’’

Sanjeev Chopra IAS, additional chief secretary-cum-principal secretary said, “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.’’      

SK Dash, executive director, NALCO, said, “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.’’ (PNN)

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