Tata Steel gets aggressive on SEZ project

In a period when several Special Economic Zone (SEZ) developers are seeking cancellation of their zones, Tata Steel's SEZ at Gopalpur in Odisha has adopted an aggressive approach and is attracting outside investors into its 3000-acre project. With a recently inaugurated ferro chrome plant serving as an anchor investment, Tata Steel is now looking at bringing in Chinese investors in the metal space. Besides, the SEZ is also targeting textile and pharmaceutical manufacturers, said Managing Director, Tata Steel Special Economic Zone, Gopalpur Industrial Park, Arun Mishra. He further added that the company is going to have its own downstream investments in Kalinganagar area where a 3 million capacity steel plant has come up. There are many Chinese downstream producers who would like to come to India to set up facilities near their customers.