Epsilon Carbon Pvt. Ltd., a leading player in the carbon industry, recently signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs. 10,000 crores over 10 years, pioneering the future of carbon manufacturing in India. 

This significant investment will materialize into an Integrated carbon Complex (ICC) located in Jharsuguda, Odisha.

The project is expected to create approximately 2000 direct and indirect job opportunities, contributing to the socio-economic development of the region. 

The project also benefits from proximity to major steel industries, ensuring a constant supply of raw materials. 

The strategic advantage of the project is enhanced by Jharsuguda’s recognition as India’s aluminium hub, a region extensively utilizing coal tar pitch. 

Mr. Vikram Handa, Managing Director of Epsilon Carbon, expressed his enthusiasm, stating, “Our decision to invest in Jharsuguda reflects our confidence in the region’s potential. 

The industrial-friendly policies of the State Government of Odisha, coupled with the existing steel and aluminium industries, align perfectly with our sustainable business strategy.