With the Phase II expansion, Odisha has emerged as the largest investment destination in India for Tata Steel, with a total cumulated investment of over Rs 100,000 crore in the last 10 years.

India's Tata Steel has invested 270 billion rupees ($3.23 billion) to expand crude steel capacity at its facility in the eastern Indian state of Odisha, the company said on Friday. ($1 = 83.5200 Indian rupees) (This story has been corrected to fix an error in the headline and paragraph 1,

The new blast furnace, with a volume of 5,870 m3, is equipped with state-of-the-art features for long campaign life and an eco-friendly design to optimise the steelmaking process. The blast furnace will also have a zero-process water discharge plan with rainwater harvesting.