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CM laid the foundation stone for Jai Raj Ispat Steel Plant

Chief Minister Nara Chandrababu Naidu has laid the foundation stone for Jai Raj Ispat Integrated Steel Plant at Pudicherla village, Orvakul mega Industrial Hub in Kurnool here on Thursday. 

The iconic project is being established with an investment of 3000 crores which would provide employment opportunity to more than 5000 youth upon completion. 

The Jai Raj Ispat Integrated Steel Plant project has estimated annual production capacity of 2.9 million tons per annum, project investment of Rs. 2,938 crores in phase 1, and employment potential of 3200- directly, and 11,800- indirectly.

The state government had allotted 400 acres of land for the steel plant initially. Depending upon the necessity, the further land will be given.

The company is expected to boost the trade and industrial development in the district and the entire region. 

Once established, Jairaj Steel plant will be the biggest plant in the Rayalaseema region.

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