Indian, UAE groups ink pact for $11.5bn aluminium project in Odisha
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
10/20
Brand Signal
6/15
Depth
6/15
5-Axis Cultural Radar
India’s Adani Group and Abu Dhabi’s International Holding Company (IHC) are looking to invest $11.5 billion in a massive aluminum project in the eastern state of Odisha, the Indian conglomerate said on Thursday. The two parties signed a memorandum of understanding with the Odisha state government, Adani said in a statement, with the proposed investment set to be India’s “largest foreign direct inv

