Did Odisha Approve 18 Industrial Projects Worth Rs 4,515 Crore?
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Synopsis
Odisha's recent approval of 18 industrial projects, totaling Rs 4,515 crore, marks a significant step towards economic growth, job creation, and balanced industrial development across the state. With a focus on both traditional and emerging sectors, these initiatives aim to bolster the local economy and align with the vision of a prosperous future.
Key Takeaways
- Odisha approved 18 industrial projects worth Rs 4,515 crore.
- Projects expected to create 8,200 jobs across eight districts.
- Diverse sectors targeted, including Green Energy and Electric Vehicles.
- Focus on balanced regional growth and local economic strengthening.
- Alignment with the vision of Samrudha Odisha 2036.
Bhubaneswar, Aug 20 (NationPress) The government of Odisha has given the green light to 18 industrial projects, amounting to an impressive Rs 4,515 crore in proposed investments. The State Level Single Window Clearance Authority (SLSWCA), during its 139th meeting led by Chief Minister Manoj Ahuja, sanctioned these investment proposals.
These ventures are anticipated to generate 8,200 job opportunities across eight districts, which include Angul, Dhenkanal, Ganjam, Jajpur, Jagatsinghpur, Khordha, Sundargarh, and Jharsuguda.
According to an official statement: “By distributing investments across various regions, the government is ensuring that economic advancement accompanies job creation, bolstered local economies, and equitable industrial development.”
Furthermore, the government emphasized that the approved projects reflect Odisha’s dual strategy—reinforcing its traditional growth sectors such as steel, infrastructure, and tourism, while also fostering emerging sectors like Green Energy, Electric Vehicles, Data Centres, Bio-fuels, and Pharmaceuticals.
This diverse array of projects illustrates the state’s proactive strategy to cultivate a sustainable, future-ready economy while ensuring balanced industrial progression across various regions.
A company based in Raipur focusing on green energy equipment will establish a 2 GW solar cell manufacturing unit in Ganjam with an investment of Rs 750 crore, which is expected to create 515 jobs.
The SLSWCA also approved a proposal for a 5 GWh Battery Energy Storage System (BESS) Assembly Plant in Dhenkanal with an investment of Rs 283 crore, poised to generate 51 jobs.
In addition, a five-star hotel will be constructed in Paradip, Jagatsinghpur with an investment of Rs 211 crore, expected to create 350 jobs in the tourism sector.
Moreover, an investment of Rs 300 crore will be directed towards establishing an electric vehicle manufacturing plant in Khordha, with an annual production capacity of 10,000 units, generating 145 jobs.
The government also approved a proposal for a hyperscale data centre facility in Khordha, with an investment of Rs 501 crore, expected to produce 450 jobs in the IT sector. The projects sanctioned in the 139th SLSWCA meeting reaffirm the state’s commitment to generating employment, enhancing value addition, and promoting balanced regional development.
Odisha is making steady progress towards building a prosperous, future-ready economy in alignment with the vision of Samrudha Odisha 2036, as stated by an official.
Point of View
It's evident that Odisha's strategic approval of these industrial projects not only aims to enhance local employment opportunities but also reinforces a commitment to sustainable economic development. This proactive approach reflects a growing trend across states to balance traditional industries with emerging sectors, ultimately fostering a resilient economy.
NationPress
08/10/2025
Frequently Asked Questions
What is the total investment approved for the industrial projects in Odisha?
The total investment approved for the industrial projects in Odisha is Rs 4,515 crore.
How many jobs are expected to be created from these projects?
The projects are expected to create approximately 8,200 job opportunities across various districts.
Which sectors are being focused on in these projects?
The projects focus on both traditional sectors like steel and infrastructure, and emerging sectors such as Green Energy and Electric Vehicles.
Where will the solar cell manufacturing unit be established?
The solar cell manufacturing unit will be set up in Ganjam.
What is the vision behind these initiatives in Odisha?
The vision is to build a prosperous economy aligned with the goals of Samrudha Odisha 2036.
