<h1>Steel company invests Rs 40,000 crore in Maharashtra district, creating 30,000 jobs despite security challenges</h1> A metals and steel company plans to invest over Rs 40,000 crore in developing a steel plant and related facilities in an eastern Maharashtra district affected by Left Wing Extremism over the next five years. The company has already invested Rs 5,000 crore of its total Rs 45,000 crore investment plan. The state's Chief Minister inaugurated a 90-km pipeline and pellet plant built by the company. Future investments include a Rs 15,000 crore beneficiation plant with 45 million tonnes annual capacity and a Rs 22,000 crore steel plant with 4.5 million tonnes capacity. The company will invest up to Rs 5,000 crore annually and expects to triple employment to 30,000 people. Operations at an existing iron ore mine began in 2021 after delays caused by security concerns. The company is focusing on community engagement through local investments in hospitals and schools.