Odisha Govt Approves 15 Major Projects Worth ₹3,353.15 Crore, Set to Create Over 4,600 Jobs

Bhubaneswar: To boost Odisha’s industrial growth, the state government has approved 15 large-scale projects with a combined investment of ₹3,353.15 crore. The approvals were granted during the 132nd State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary Manoj Ahuja. These projects are expected to generate 4,637 job opportunities across sectors, marking a major step forward in Odisha’s socio-economic development.

The newly approved projects span high-impact sectors such as Chemical/Renewable Energy, Steel Downstream, Aluminium Downstream, Food Processing, Manufacturing, Textile & Apparel, Tourism, Pharmaceuticals, and Cement. This diverse portfolio highlights Odisha’s commitment to fostering an industrial ecosystem that attracts both national and international investors.

In Chemical/Renewable Energy, Reliance Bio Energy Limited will establish a compressed bio-gas and organic manure plant in Puri. With an investment of ₹121.21 crore, the project is expected to create 69 jobs and support the state’s renewable energy goals.

Steel production will receive a significant boost as Beekay Steel Industries Limited plans a ₹750 crore expansion in Cuttack, enhancing production capacities for sponge iron, billets, and ferro alloys, among others. This project alone is anticipated to generate 800 new jobs.

In Aluminium Downstream, HM Power and Cables Pvt Ltd will set up a manufacturing unit in Jharsuguda with a ₹55.72 crore investment, expected to create 205 jobs. The project supports Odisha’s strategy of adding value to its rich mineral resources.

Food Processing will see multiple investments, including projects by Bhuvaneshwari Foods and Beverages Private Limited, Aban Beverages Private Limited, Geofast Consumer Products Private Limited, and Avira Distillery Pvt Ltd across Khordha, Baragarh, and Cuttack. These ventures, with a combined investment of ₹1,542.04 crore, are expected to generate 1,358 jobs, strengthening Odisha’s status as a food processing hub.

In Textile & Apparel, Odisha Textile Manufacturing Private Limited will set up a recycled yarn production facility in Khordha, backed by an investment of ₹51.80 crore and projected to create 535 jobs. The initiative supports sustainable practices within the textile industry.

Tourism projects include ITC Limited’s expansion of the five-star Welcomhotel in Bhubaneswar, with a ₹119.14 crore investment and 240 jobs expected. Additional tourism-related projects by SJ JRG Ventures LLP and Crackers India Infrastructures Ltd in Puri and Koraput will bring new hospitality facilities, with a total investment of ₹154 crore and 380 jobs.

In the Pharmaceuticals sector, Infunex Healthcare Pvt. Ltd will establish a second unit for manufacturing intravenous fluids in Cuttack, involving an investment of ₹59.43 crore and 182 new jobs.

Odisha’s cement production capacity is set to increase with Ultra Tech Cement Ltd’s expansion of its Cuttack cement grinding unit, doubling its capacity from 3 MTPA to 6 MTPA. This ₹372 crore investment will create 581 jobs, further supporting the state’s infrastructure development initiatives.

The collective investment of ₹3,353.15 crore in these projects underscores Odisha’s commitment to building a robust industrial landscape that drives economic growth and employment. With over 4,600 jobs projected, these projects are expected to have a lasting impact on Odisha’s economy, fostering long-term socio-economic development across the state.