Categories: HeadlinesOdisha

Odisha Clears ₹3,898 Cr Investment Proposals, Set to Create 7,464 Jobs Across 11 Districts

Bhubaneswar: Odisha government has approved 19 new investment projects worth ₹3,898.54 crore. The decision was taken during the 136th State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Manoj Ahuja, IAS.

These projects are expected to generate 7,464 employment opportunities across 11 districts—Angul, Balasore, Cuttack, Dhenkanal, Ganjam, Jajpur, Keonjhar, Khordha, Koraput, Sambalpur, and Sundargarh—ensuring equitable regional development.

Key Sectoral Investments:

Steel, Iron & Ferro Alloys:
Odisha’s core manufacturing sectors received a major boost with four major projects:

  • TATA Steel will increase its crude steel capacity to 7.1 MTPA with an investment of ₹700 crore in Kalinganagar, Jajpur, creating 375 jobs.
  • Sree Metaliks Ltd will expand its Keonjhar unit with an ₹885 crore investment, adding 950 jobs.
  • Lal Baba Seamless Tubes Pvt Ltd will invest ₹200 crore in a precision tube facility in Cuttack, generating 500 jobs.
  • Surlon India Ltd will set up a ₹55 crore railway component unit in Sundargarh, employing 1,000 people.

Industrial Gases:
Linde India Ltd will establish a high-capacity air separation unit in Jajpur with an investment of ₹425 crore, producing 12 lakh MT of gases annually and generating 100 jobs.

Food & Beverages:
Bhuvaneshwari Foods & Beverages Pvt Ltd will set up a ₹300 crore beverage manufacturing unit in Khordha, providing 820 employment opportunities.

Logistics and Infrastructure:

  • ACME Clean Energy Pvt Ltd will build a ₹366.50 crore jetty-less floating terminal in Ganjam to enhance maritime logistics, creating 75 jobs.
  • Vasanth Vihar Constructions will develop a ₹134.50 crore logistics park in Khordha, adding 296 jobs.

Tourism & Hospitality:
Six major projects in Khordha, Ganjam, Angul, and Koraput include:

  • Birendra Hotels (₹105 Cr), Specbru Hotels (₹99.86 Cr), Surya Eco Resort (₹86.73 Cr), Tesko Hotels and Malls (₹80 Cr), Satva Oleo (₹78 Cr), and TK International (₹55.50 Cr).
    Together, these will generate 1,448 jobs and boost Odisha’s tourism economy.

Chemicals & Plastics:

  • Jay Shree Tea & Industries Ltd will set up a Single Super Phosphate (SSP) plant in Balasore with an investment of ₹61 crore, generating 200 jobs.
  • HVG Industries Pvt Ltd will invest ₹55.05 crore in Khordha to develop a plastic and chemical unit, creating 206 jobs.

Metal Downstream & Allied Sectors:

  • Kalinga Infra Projects Ltd will establish a ₹60 crore crash barriers manufacturing unit in Sambalpur, generating 314 jobs.
  • Shree Jagannath Supply Co will set up a molasses blending and warehousing facility in Keonjhar with an investment of ₹51.40 crore, creating 110 jobs.

Apparel & Textile:

  • Shree Sidhi Vinayak Texcolours Pvt. Ltd will set up a ₹100 crore yarn dyeing and fabric processing unit in Khordha, projected to create 1,070 jobs.

These strategic investments reflect the Odisha Government’s focus on inclusive industrialization and regional development. With continued emphasis on sectors ranging from core manufacturing and logistics to tourism and agri-processing, the state is steadily advancing toward its vision of “Samruddh Odisha by 2036.”

Bureau The News Hashtag

Recent Posts

Odisha on High Alert After Nipah Reports in West Bengal; No Case Found in State

Bhubaneswar: In response to reports of Nipah virus infections in neighbouring West Bengal, the Odisha…

1 day ago

Rajarani Music Festival–2026 Begins at Historic Rajarani Temple

Bhubaneswar: The three-day Rajarani Music Festival–2026 commenced on Thursday at the picturesque premises of the…

1 day ago

Deputy CM Reviews Integrated Development Plan for Bhubaneswar’s Heritage Sites

Bhubaneswar: The Deputy Chief Minister, Pravati Parida, on Thursday chaired a high-level review meeting at…

1 day ago

10th Sub-Junior National Rugby Sevens Championship Kicks Off at Kalinga Stadium

Bhubaneswar: The 10th Sub-Junior National Rugby Sevens Championship–2025 began on a vibrant note at the…

1 day ago

NIC Odisha Wins National Award for Digital Initiative Empowering Rural Connectivity and MSME Services

Bhubaneswar: The National Informatics Centre (NIC), Odisha has been honoured with the “Digital Initiative for…

1 day ago

Odisha Signs MoU with NIEPID to Strengthen Support for Persons with Intellectual Disabilities

Bhubaneswar: In a significant step towards strengthening inclusive education and empowerment initiatives, the Department of…

1 day ago