In a momentous event, Maharashtra’s Deputy Chief Ministers Shri Devendra Fadnavis and Shri Ajit Dada Pawar laid the foundation stone for the Surjagad Ispat Pvt Ltd steel project in Gadchiroli. This ambitious project, with a substantial investment of Rs. 10,000 crore, is set to generate employment for over 7,000 individuals, both directly and indirectly.
Deputy Chief Minister Shri Devendra Fadnavis expressed unwavering confidence that Gadchiroli district will emerge as the most progressive district in the state in the near future. He emphasized that in the future, Gadchiroli alone will be responsible for thirty percent of the state’s steel production. Fadnavis further proclaimed that Gadchiroli will ascend to become Maharashtra’s leading district and the largest steel hub in the nation.
He highlighted the positive impact of industrial growth on the tribal community, mentioning the establishment of a medical college and the planned construction of an airport in the area. Fadnavis also announced initiatives to transform Gadchiroli into an education hub and commence water transportation from Chamorshi to Kakinada port.
Deputy Chief Minister Shri Ajit Dada Pawar underscored the significance of inaugurating a major company with an investment of Rs. 10,000 crore in Gadchiroli. He stressed that this project will provide substantial employment opportunities for local residents and fulfill the country’s steel requirements.
Vedansh Joshi, MD of Surjagad Ispat Pvt Ltd, stated, “We are contributing to our Prime Minister Shri Narendra Modi ji’s vision of Atmanirbhar Bharat by making significant investments and promoting industrial development in Maharashtra. We are establishing an integrated steel plant in the Naxal-affected region of Wadlapeth village, Gadchiroli, Maharashtra, covering an area of 340 acres. Our project encompasses a 1.6 MTPA Beneficiation Plant, a 1.2 MTPA Pellet Plant, a Sponge Iron Plant of 4 x 650 TPD, an Induction Furnace of 0.75 MTPA, a Rolling Mill of 0.75 MTPA, a Captive Power Plant with a capacity of 120 MW, and a Pellet Plant of 1.2 MTPA. In phase 2, we plan to expand to a 2 million tons integrated steel plant. Upon completion, we aim to achieve 8 million tons of integrated steel production.”
The Bhoomi Pujan ceremony was graced by prominent dignitaries, including Cabinet Ministers- Uday Samant and Dr. Dharmaraobaba Atram. Several government officials were also present.
The first phase of the project is scheduled to commence in 2026, with the entire project expected to be completed by 2030.
In conclusion, the Surjagad Ispat Pvt Ltd project serves as a testament to Maharashtra’s commitment to industrial growth and regional development. This initiative not only promises economic benefits but also aims to uplift local communities by providing essential services and employment, ushering in a new chapter in Gadchiroli’s development.
