Odisha Clears ₹4,111.80-Crore Investment Proposals, Nearly 10,000 Jobs Expected

Bhubaneswar: Reinforcing its commitment to job-led industrial growth, Odisha has approved 23 industrial investment proposals worth ₹4,111.80 crore, with the potential to generate 9,924 employment opportunities, under the State’s Single Window clearance mechanism.

The proposals were cleared at the 144th meeting of the State Level Single Window Clearance Authority (SLSWCA) chaired by Chief Secretary Anu Garg, underscoring the government’s focus on translating investment intent into tangible industrial projects. The latest approvals reflect Odisha’s sustained industrial momentum under the leadership of Chief Minister Mohan Charan Majhi, with a strong emphasis on employment creation and sectoral diversification.

The sanctioned projects span a wide array of sectors, including mechanical and electrical capital goods, apparel and textiles, aerospace and defence manufacturing, shipbuilding and ship repair, pharmaceuticals, chemicals, refractories, aluminium downstream industries, mineral beneficiation, metal downstream, plastics, glass manufacturing, logistics and warehousing, infrastructure, and tourism and hospitality. This diverse sectoral spread highlights Odisha’s evolving industrial ecosystem that blends traditional manufacturing strengths with emerging high-technology industries.

The investments will be spread across 11 districts — Balasore, Bhadrak, Cuttack, Debagarh, Ganjam, Jajpur, Khordha, Koraput, Puri, Sambalpur and Sundargarh — ensuring regionally balanced industrial development and broad-based employment generation.

Among the major proposals, Nipha Limited will establish a railway component manufacturing unit in Khordha with an investment of ₹384 crore, creating 310 jobs. In a significant boost to advanced manufacturing, Inventgrid India Private Limited will set up a multi-drone manufacturing facility in Ganjam at an investment of ₹300 crore, generating 1,000 employment opportunities and strengthening Odisha’s aerospace and defence ecosystem.

In the maritime sector, Northern Express Infradevelopers Private Limited will develop a shipbuilding and ship-repair facility in Bhadrak with an investment of ₹339.40 crore, creating 507 jobs and positioning Odisha as an emerging maritime industrial hub.

Employment-intensive manufacturing also featured prominently, with J.G. Hosiery Private Limited proposing an apparel manufacturing unit in Khordha with an investment of ₹100 crore, capable of producing nearly 150 million garments annually and generating 2,350 jobs, making it one of the largest employment generators among the approved projects.

The pharmaceuticals and chemicals sectors witnessed key approvals, including Alventa Pharma Limited’s pharmaceutical formulation unit in Khordha and Blue Mount Energy Private Limited’s sorbitol manufacturing unit in Cuttack, each involving investments of ₹100 crore. Additionally, Growing Tree Oil Refinery Private Limited will establish an integrated agro-processing and feed manufacturing complex in Cuttack, strengthening agro-industrial value chains.

In the mineral beneficiation and metal downstream segments, investments by companies such as Kalinga Metalics Limited, Rashmi Metallurgical Industry Private Limited and Shree Ram Iron and Alloys Private Limited are set to significantly enhance value addition in mineral-rich districts, particularly Sundargarh and Debagarh.

The approvals also include major investments in logistics and warehousing, with Shrishti Trading Corporation Private Limited setting up a logistics park in Cuttack, alongside premium hospitality projects in Khordha, Puri and Sambalpur, aimed at bolstering Odisha’s tourism infrastructure.

Together, the 23 cleared projects reaffirm Odisha’s growing stature as a high-potential investment destination in eastern India, backed by a robust Single Window clearance system that ensures time-bound approvals and proactive investor facilitation.

Aligned with the long-term vision of Samruddha Odisha 2036, the latest clearances underline the State Government’s commitment to employment-intensive growth, sustainable industrialisation and balanced regional development, as Odisha steadily translates policy intent into on-ground execution.