Bhubaneswar: Noted industrialist and founder of Indian Metals & Ferro Alloys Ltd (IMFA) Bansidhar Panda passes away at his Bhubaneswar residence. He was 87. He is the father of MP BJ Panda.
Dr Bansidhar Panda, a renowned research scientist, returned from the United Sates and choose Therubali, a remote outpost in the erstwhile undivided Koraput district of Odisha to embark upon his dream and IMFA came into being in 1961. Today, IMFA is a world of enterprise and innovation inspired by its Founders, Dr Bansidhar Panda and Late Mrs Ila Panda. The Sarala Award for literature and Ekalabya Puruskar for sports which are instituted by IMFA, are recognised as the highest achievements in their respective fields.