Paradeep Phosphates Ltd (PPL) will invest Rs 4,000 Cr (~$440 million) over five years to expand phosphatic fertiliser production, enhance infrastructure, and integrate key raw materials.
This will create 100-150 direct and 700-1000 indirect jobs while boosting agricultural growth and sustainability.
An MoU was signed between Odisha govt officials and PPL leadership to formalise the initiative.