Bhubaneswar, Jan 17: Odisha Chief Minister Mohan Charan Majhi on Saturday said the state secured investment commitments worth nearly Rs 1 lakh crore following a major investors’ roadshow held in Kolkata, signalling a decisive shift from potential to performance in eastern India’s industrial growth.

Addressing the Odisha Investors’ Meet Roadshow at ITC Sonar, Kolkata, the Chief Minister said Odisha is ready to co-anchor the next phase of industrial expansion in eastern India under the Purvodaya vision, through collaboration, integrated value chains and shared prosperity.

The roadshow resulted in the signing of 27 memoranda of understanding with an investment potential of Rs 81,864 crore, expected to generate over 63,000 jobs. In addition, 19 investment intent proposals worth Rs 18,453 crore were received, with the potential to create more than 27,500 employment opportunities, taking the total projected employment to around 90,000.

Focus on Execution, Not Just MoUs
Majhi emphasised that while investment agreements are important, execution on the ground will be the real measure of success. He said Odisha is financially and economically secure and is rapidly transitioning from a resource-based economy to a value-added and advanced manufacturing hub, driven by speed, scale and sustainability.

Highlighting the state’s strategic advantages, the Chief Minister pointed to Odisha’s coastline and ports at Paradip, Dhamra and Gopalpur as key enablers of port-led industrialisation serving eastern and central India.

Strong Industry Participation
The Kolkata roadshow featured 130 high-level one-to-one interactions and four sectoral roundtables, reflecting deep engagement across priority sectors. The roundtables covered hosiery, apparel accessories and technical textiles; metal ancillaries and engineering goods; plastics, chemicals, packaging and recycling; and pharmaceuticals, medical devices and biotechnology.

More than 500 industry leaders, business associations and institutional stakeholders participated in the event, offering investors a comprehensive view of Odisha’s industrial ecosystem, infrastructure readiness and policy-driven growth model.

Vision 2036 and Beyond
Presenting his vision of a 'Samruddha Odisha' by 2036, the Chief Minister outlined a roadmap for manufacturing and services growth and invited industry, particularly from West Bengal, Jharkhand and the North-Eastern states, to partner with Odisha.

Industries Minister Sampad Chandra Swain said Odisha’s role under Purvodaya positions the state as a natural expansion hub for eastern India, citing stable policies, fast project execution, skilled manpower development and strong logistics infrastructure.

Also Read: Akhilesh Yadav, Naveen Patnaik Hold Talks in Bhubaneswar, Call Meeting 'Casual'

The state government said it will ensure time-bound conversion of MoUs and investment intentions into projects, with dedicated facilitation mechanisms. Following the Kolkata roadshow, Odisha will host Enterprise Odisha on January 27–28 in Rourkela to showcase its industrial capabilities, MSME strength and investment-ready infrastructure.