Odisha signs pact with Japanese co, ACME Group for Rs 67,000-cr investment
Published on: July 3, 2026, 6:42 p.m. | Source: The Economic Times
Odisha has inked a significant Memorandum of Cooperation with ACME Group and Japan's IHI Corporation, committing an investment of Rs 67,000 crore for green industrialization and technology transfer. This collaboration aims to establish a massive green hydrogen ecosystem in the state, building on recent large-scale investments. Chief Minister Mohan Charan Majhi highlighted Odisha's ambition to become a global leader in green steel production, with two dedicated industrial corridors being developed.
