Odisha Approves 17 Projects Worth Over Rs 3878 Crore To Boost Economy & Employment
Key Points
The Odisha government has approved Rs3,878.86 crore in fresh investments, paving the way for 10,584 new jobs across 11 districts.
Bhubaneswar, June 13: As the new Government in Odisha under the leadership of Chief Minister Shri Mohan Charan Majhi completes its first year, a landmark achievement in industrial development stands as a testament to its commitment to economic growth, investment promotion, and employment generation.
In a major push toward industrial growth and employment generation, the Odisha government on Friday approved Rs3,878.86 crore in fresh investments, paving the way for 10,584 new jobs across 11 districts. The decision was taken at the 137th State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary Manoj Ahuja.
The greenlit 17 projects span multiple sectors, including Plastics, Textiles, ESDM, Food Processing, Power, Tourism, Logistics, Chemicals, and Steel. This milestone comes as the Mohan Charan Majhi-led administration completes its first year in office, reinforcing its commitment to economic expansion and investor-friendly policies.
Among the most significant investments is the Plastic sector, attracting six major proposals. Greenwave Circularity Private Limited will establish a recycled flakes and resin manufacturing facility in Khordha with a Rs 650.23 crore investment, generating 600 jobs. The Textiles and Apparel sector also saw strong interest, with MAS India Clothing Private Limited setting up a Rs 885 crore textile processing mill, expected to create 1,700 jobs.
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✨Odisha’s Electronics System Design and Manufacturing (ESDM) sector is gaining momentum. Heraeus Technologies India Private Limited plans to establish an advanced metallurgical sensor manufacturing unit in EMC Park, Info Valley, with an investment of Rs 188.46 crore, adding 400 jobs. Addsoft Technologies Pvt Ltd will manufacture LED TVs, IoT devices, and interactive panels in Cuttack with a Rs 112 crore investment, creating 330 jobs.
Further boosting industrial infrastructure, the Steel sector will see Samaleshwari Ferrometals Private Limited expand into a 0.5 MTPA integrated steel plant in Sambalpur, investing Rs 400 crore and creating 350 jobs. Meanwhile, Odisha’s Power & Renewable Energy sector is set to benefit from Iron Triangle Limited's Rs 310.75 crore Battery Energy Storage System project in Balangir.
The Tourism sector gets a new feather in its cap with Raysons Enterprises Private Limited’s “Mayfair Hideout” eco-resort in Puri, bringing 116 jobs and promoting sustainable tourism. Logistics infrastructure will also improve, with Alpha Coal Beneficiation’s private freight terminal in Sundargarh and Bhubaneswar Logipark’s Rs 218.80 crore logistics park in Khurda.
With Odisha’s investor-first approach, these approvals highlight the government’s strategic vision of “Samruddha Odisha by 2036”, ensuring sustainable industrial development and a stronger economy.