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,

With the Phase-II expansion, Odisha also emerged as the largest investment destination in India for Tata Steel while it took almost a century for the Jamshedpur unit to reach the 12 MT capacity.

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.

The company commenced the Rs 27,000-crore second phase of expansion of its Kalinganagar project in Odisha in November 2018.

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.

Tata announced on Friday, September 20 that the company had successfully commissioned India’s largest blast furnace at Kalinganagar in Odisha.