Odisha seeks JUSCO's expertise to develop Kalingagar hub.

The state government has sought the expertise of Tata Group firm Jamshedpur Utility & Services Company (JUSCO) to strengthen the operations of Jajpur Cluster Development Ltd. (JCDL).

JCDL is a joint venture between Kalinganagar Industries Association (KIA), an association of industries operating in the Kalinganagar industrial complex and the state’s nodal agency for land acquisition and industrial infrastructure development, Odisha Industrial Infrastructure Development Corporation Ltd (Idco). While KIA holds 51 per cent equity in JCDL, the balance 49 per cent stake is of Idco.

With Kalinganagar touted as the steel hub likely to witness enhanced industrial activity in the near future, it is imperative for JUSCO to play a major role in the overall development and management of the industrial area.

BS