Kalinganagar facility takes company’s annual capacity beyond 500,000 tonnes, with 1,500 direct and indirect jobs expected
Odisha Chief Minister Mohan Charan Majhi has inaugurated Indian Metals & Ferro Alloys’ (IMFA) greenfield ferro chrome project at Kalinganagar, taking the company’s annual capacity above 500,000 tonnes and making it India’s largest producer of value-added ferro chrome, according to the company.
Construction of the project began on May 22, 2025, following its groundbreaking ceremony by the chief minister. The first furnace achieved production on August 25, 2026, within 458 days of construction commencing.
The project generated 450,000 man-days of employment during construction and is expected to create 1,500 direct and indirect jobs during operations, supporting industrial activity in Odisha’s Kalinganagar manufacturing hub.
Subhrakant Panda, managing director, IMFA, credited the state government and its agencies for supporting the project, noting that the first tapping of hot metal was achieved in approximately 15 months.
The facility features closed furnaces designed to improve operational efficiency and enable power generation from furnace off-gases. Combined with hybrid renewable energy, the measures are expected to reduce the project’s carbon footprint.
Ferro chrome is an important raw material in stainless steel manufacturing. The capacity expansion strengthens IMFA’s position in the value-added alloy segment while adding industrial capacity and employment in Odisha.
