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With Rs 90,000 Crore, South Korean Steel Giant Posco Plans To Setup Integrated Steel Plant In Odisha by Swarajya Staff - Apr 20, 2021 08:48 AM Steel rolls at the Posco-Indias processing centre in MIDC Talegaon at the outskirts of Pune. (ABHIJIT BHATLEKAR/Mint via GettyImages) South Korea Ambassador Shin Bongkil on Monday (19 April) said Korean steel giant Posco has plans to make one of the single largest FDI in the history of India with an investment of US $12 billion (approximately Rs 90,000 crore) to set up an integrated steel plant in Odisha. He said this at a virtual roundtable on ‘South Korea and Odisha: Promoting Bilateral Business Opportunities’ organised by the Indian Chamber of Commerce (ICC) in association with Industrial Promotion and Invest Corporation of Odisha Ltd (IPICOL).

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