First titanium project of India in Odisha!
Q. Where has the first titanium project of India been set up?- Published on 07 Nov 16a. Odisha
b. Haryana
c. Punjab
d. Madhya Pradesh
ANSWER: Odisha
The first titanium project of India is being established by
Saraf Group in Odisha’s Ganjam district.
- The project has started its test production.
- 1 of 4 functional furnaces of this project became operational and the plant is the first of its kind and the only one in the country.
- The plant is expected to produce 36,000 tons of titanium slag and 20,000 tons of pig iron each year.
- During the first phase, Saraf group has invested INR 350 crore in the project.
- It will produce titanium slag and the raw material called ilmenite will be proceeder from OSCOM.
- The company has also appointed those who lost their land in this project.
- The project was proposed in 2005.
- In 2007, Russian premier Viktor Ubkov had evinced interest in the project.
- Saraf Group has entered into an MoU with Odisha government in 2008, to take up a project of its own.
- The export based industry is expected to export around 75 percent of its produce to countries such as China and Japan.