true realization of the socio-economic dream that would lead the State into a new era of prosperity. Made possible through dedicated efforts of the State Government over several years, the complex is slated to contribute to the net GDP of Odisha and provide its people with sustained employment and other forms of gainful engagement in the upcoming projects and their ancillaries. After the success of Asia's first integrated steel plant set up by Tata Steel in the undivided Orissa-Bihar-Bengal in 1907, or the employment potential revealed by the Rourkela Steel Plant (operated by the state-owned Steel Authority of India), the demand for another mega steel plant in Odisha was strongly felt. This led Biju Patnaik, the then Chief Minister of Odisha to plan the Kalinganagar industrial complex, once 13000 acres of land was acquired in the Sukinda constituency of Jajpur district in 1992. Today, the government is stepping up the presence of industry as coincidentally, the infrastructural boom in the global markets has generated high demands for steel. To strengthen the century-old relationship between Odisha and Tata Steel, the company signed the MoU for its most ambitious steel project in Odisha on 17 November 2004. As per this MoU, the company will set up a six million ton green-field integrated steel plant at Kalinganagar in Jajpur District of Odisha. Economy Kalinganagar is a global steel hub of international business and commerce and is one of the best industrial complexes having many manufacturing companies and corporations established and help in booming the India's economy (along with Jamshedpur and Rourkela). Kalinganagar is a top-rated fastest growing town among India's other developed cities. Kalinganagar ranked higher according to criteria reflecting its presence on economy and industrial growth on similar lists as published by other entities. The town is a major center for banking and finance, retailing, steel, coal, iron, cromite mines trade, transportation, real estate, as well as traditional advertising, legal services, accountancy, insurance, theater, fashion, and the arts in the India. IDCO has prepared master plan for Kalinganagar industrial complex. It has both public steel company like NINL and many private steel companies such as Tata Steel, Tata Power, Jindal Steel, VISA Steel, Mesco etc. and other companies like Emami, Container Corporation etc. Kalinga Nagar Development Authority (KNDA) will take over all development, planning and building regulations. National Investment & Manufacturing Zone Kalinganagar is declared as National Manufacturing and Investment Zone by