Kishore Kumar Das and Aftab Ara
Green field projects are the present requirement of the economy and are sustainable in the long run. Thus the project commissioned with present requirements not only feasible for the economy but also brings growth and prosperity in the economy of a country. An increment to manufacturing production creates more economic activity both within and outside the sector than does a similar increment in any other major sector because of manufacturing’s high multiplier effect and its extensive linkages to other parts of the economy. Incremental growth in the sector is likely to increase R&D activity which leads to increase the intensity of innovation in manufacturing, boosts overall productivity growth and improve standard-of-living. Rourkela Steel Plant is the perfect example in the management of green field project for prosperity and growth. It’s continuous up gradation, innovation and modernization brings the sustainable development and growth. Greenfield in many disciplines is a project that is lacking the constraints imposed by previous work. The construction on Greenfield land does not need to remodel or demolish any pre-existing structure. This Project can be undertaken in a cellular network, computer networking or Greenfield investment opportunity in a marketplace that is completely untapped. In the present study of Rourkela Steel Plant, which is the first integrated steel plant in the public sector in India which was set up with German collaboration is the result of Greenfield Project .The purpose of our study is to find the problems faced by the Steel industry, the steps taken for by Greenfield Project and the contribution it has made to Orissa by its growth and prosperity. The methodology of study is purely qualitative and the results points out the problems, its implications, steps taken to revive the industry and its further contribution to Greenfield Project recently to the region, society and the nation as a whole.
