https://sputniknews.in/20260605/odisha-seeks-russian-investment-mining-technology-partnership-bjp-mp-11137078.html
Odisha Seeks Russian Investment, Mining Technology Partnership: BJP MP
Odisha Seeks Russian Investment, Mining Technology Partnership: BJP MP
Sputnik India
Deeper cooperation between Russian companies and India’s mineral-rich eastern state of Odisha is paramount, Member of Parliament Sujeet Kumar, representing... 05.06.2026, Sputnik India
2026-06-05T16:46+0530
2026-06-05T16:46+0530
2026-06-05T16:47+0530
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Technology transfer and investment from Russian firms could strengthen Odisha’s mining sector while also benefiting Russian companies through access to one of India’s most resource-rich regions, Kumar told Sputnik India, citing potential economic collaboration.Odisha holds some of India’s largest reserves of key minerals, including iron ore, coal, bauxite, and chromite, Kumar said. The state contributes a significant share of national output, stating that 53% of India’s iron ore is from Odisha as well as over 40% coal, he noted.Odisha is seeking both investment and advanced mining technology to modernise its extraction sector. He pointed specifically to opportunities for Russian participation, naming Russian oil and mining enterprises as potential partners, Kumar emphasised.He also pointed to environmental concerns linked to current practices, noting that Odisha has largely relied on open-cast mining, which he described as “not very sustainable.” He suggested that Russian expertise in deep underground and complex mining technologies could help improve efficiency and reduce environmental impact.The remarks come amid broader efforts by Indian states to attract foreign investment and expand industrial partnerships in critical sectors such as energy and minerals.
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odisha, india, russia, bharatiya janata party (bjp), energy security, russian oil, oil exporters, oil supplies, business
odisha, india, russia, bharatiya janata party (bjp), energy security, russian oil, oil exporters, oil supplies, business
Odisha Seeks Russian Investment, Mining Technology Partnership: BJP MP
16:46 05.06.2026 (Updated: 16:47 05.06.2026) Deeper cooperation between Russian companies and India’s mineral-rich eastern state of Odisha is paramount, Member of Parliament Sujeet Kumar, representing Odisha from the Bharatiya Janata Party (BJP), said, highlighting major opportunities in mining, investment, and technology transfer
Technology transfer and investment from Russian firms could strengthen Odisha’s mining sector while also benefiting Russian companies through access to one of India’s most resource-rich regions, Kumar told Sputnik India, citing potential economic collaboration.
Odisha holds some of India’s largest reserves of key minerals, including iron ore, coal, bauxite, and chromite, Kumar said. The state contributes a significant share of national output, stating that 53% of India’s iron ore is from Odisha as well as over 40% coal, he noted.
Odisha is seeking both investment and advanced mining technology to modernise its extraction sector. He pointed specifically to opportunities for Russian participation, naming Russian oil and mining enterprises as potential partners, Kumar emphasised.
“There is massive opportunity for collaboration between Russian companies and Odisha’s mineral wealth,” he said, adding that such cooperation could be mutually beneficial for both sides.
He also pointed to environmental concerns linked to current practices, noting that Odisha has largely relied on open-cast mining, which he described as “not very sustainable.” He suggested that Russian expertise in deep underground and complex mining technologies could help improve efficiency and reduce environmental impact.
The remarks come amid broader efforts by Indian states to attract foreign investment and expand industrial partnerships in critical sectors such as energy and minerals.
