Bhubaneswar: Under the visionary leadership of Chief Minister Mohan Charan Majhi, Odisha has solidified its position as a premier global investment destination by approving ₹1,36,622.24 crore worth of investments across 20 transformative industrial projects. These ventures, which span sectors including steel, chemicals, green energy, textiles, and more, are projected to create over 74,350 jobs, marking a significant milestone in the state’s economic development.
The approvals came during the second High-Level Clearance Authority (HLCA) meeting under Majhi’s leadership. With the focus on driving inclusive and sustainable growth, the state continues to attract significant investor interest, bolstered by the success of the Utkarsh Odisha roadshows in Delhi, Mumbai, and Singapore.
“This is a testament to Odisha’s business-friendly environment,” said Majhi during the meeting. “Through robust cooperation between the State and Central governments, we are fostering an investment ecosystem that promotes sustainability, innovation, and job creation. Utkarsh Odisha 2025 will usher in a new era, positioning Odisha as a global investment hub.”
Transformational Impact Across 10 Districts
The approved projects span nine critical sectors, including steel, chemicals, aluminum, green energy, apparel, power, and cement. Strategically distributed across 10 districts—Jajpur, Jharsuguda, Khurdha, Sambalpur, Ganjam, Kalahandi, Malkangiri, Dhenkanal, Bhadrak, and Jagatsinghpur—these projects are set to strengthen the industrial base and drive sustained economic growth in the state.
The state government’s proactive approach has resulted in a remarkable six-month period of industrial acceleration since the new government took charge in June 2024. Over 73 projects, with investments exceeding ₹1.8 lakh crore, are on track to create more than 1.1 lakh jobs.
Key investments approved during the HLCA meeting include:
- Expansion in steel manufacturing to meet growing domestic and international demand.
- Initiatives in green energy and renewable technologies aimed at sustainability.
- Significant investments in apparel and textiles to boost employment in rural areas.
- Strengthening infrastructure in aviation fuel production and aluminum processing.
The approval of these projects highlights the success of the upcoming Utkarsh Odisha 2025, envisioned as a landmark initiative to attract domestic and global investors. Odisha’s focus on ease of doing business, combined with strong state-central government coordination, is positioning it as Eastern India’s industrial powerhouse.
This record-breaking HLCA approval reflects the state’s strategic and progressive vision under Chief Minister Majhi. With a focus on sustainability, innovation, and job creation, Odisha is set to redefine its industrial and economic landscape, making it a top destination for global investment.