Odisha

Odisha Govt Approves ₹4,954 Crore Worth of Projects, Creating Over 24,000 Jobs

Bhubaneswar: In a significant boost to Odisha’s economic landscape, the State Level Single Window Clearance Authority (SLSWCA) has approved 31 innovative projects worth ₹4,954.26 crore at its 131st meeting chaired by Chief Secretary Manoj Ahuja. These projects are expected to generate 24,162 new jobs, spanning diverse sectors and reinforcing Odisha’s position as a premier investment destination.

The approved projects encompass a wide range of industries, including mechanical and electrical capital goods, food processing, apparel and textiles, bio-fuel, green energy equipment, and more. They will be implemented across various districts, such as Khordha, Sambalpur, Bargarh, Angul, Rayagada, and others, contributing to the state’s economic growth and job creation efforts.

Among the notable investments, Polimiroir India Private Limited will manufacture and service industrial steel rollers with an annual capacity of 3,000 units, investing ₹128 crore and creating 200 jobs. Danieli India Limited will set up a manufacturing facility at a cost of ₹190 crore, expected to generate 380 jobs. Meanwhile, FM Denim and Twills Pvt. Ltd. will establish a denim textile and garments manufacturing unit with an investment of ₹130 crore, creating 4,500 jobs, the largest job generator in this tranche of approvals.

In the food processing sector, Bisleri International Private Limited is setting up a beverage manufacturing unit with a ₹95 crore investment, generating 426 jobs. The agro-processing sector will also see growth, with GAK Rice Private Limited investing ₹70.15 crore in an integrated rice mill, creating 95 jobs.

The projects in the bio-fuel and green energy sectors further highlight Odisha’s commitment to sustainable growth. Bharat Petroleum Corporation Limited is investing ₹200 crore in a compressed biogas and fermented organic manure plant, while Reliance Bio Energy Limited is setting up two plants in Sonepur and Sambalpur, contributing to the state’s green energy goals.

Additionally, the state’s tourism sector is receiving a substantial boost, with multiple resort and hotel developments approved in districts like Puri, Koraput, and Kendrapara. SNM Hotel and Resorts Private Limited is developing a hotel-cum-resort in Puri, investing ₹212.25 crore and generating 205 jobs.

Chief Secretary Manoj Ahuja stated that these investments are crucial for the state’s development trajectory. “The projects approved today will not only enhance Odisha’s industrial capabilities but also create significant employment opportunities, driving the state’s socio-economic growth,” he said.

The SLSWCA’s decision is part of the Odisha government’s ongoing efforts to promote industrialization and attract investments, guided by the vision of Chief Minister Mohan Charan Majhi. His leadership is credited with transforming Odisha into a global investment hub, with a focus on sustainable and inclusive development.

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