Did Odisha government approve 25 industrial projects worth Rs 4,739 crore across 13 sectors?
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Synopsis
The Odisha government has approved 25 industrial projects worth Rs 4,739 crore, promising to generate over 25,000 jobs. This strategic move aims to boost economic growth and sustainable industrialization across various sectors. Discover how these initiatives will shape the future of Odisha's economy.
Key Takeaways
- The Odisha government approved 25 industrial projects worth Rs 4,739 crore.
- These projects will create 25,200 jobs across various districts.
- Key sectors include textiles, steel, chemicals, and renewable energy.
- Odisha is emerging as a preferred investment destination in India.
- The vision of Samrudha Odisha 2036 guides the state's economic strategy.
Bhubaneswar, Sep 19 (NationPress) The government of Odisha has officially approved 25 industrial projects with an investment totaling Rs 4,739 crore, spanning across 13 critical sectors in various districts throughout the state.
This decision was made during the 140th session of the State Level Single Window Clearance Authority (SLSWCA), as stated in an official announcement.
The meeting was presided over by Manoj Ahuja, the Chief Secretary of Odisha.
These initiatives are expected to generate 25,200 jobs in multiple districts, such as Khordha, Jajpur, Cuttack, Sambalpur, Jharsuguda, Ganjam, Mayurbhanj, Angul, and Gajapati.
The recently approved projects encompass a range of 13 key sectors, including textiles, steel, chemicals, IT, infrastructure, logistics, renewable energy, tourism, metal downstream, circular economy, cold storage, and capital goods. This reflects the state's dedication to promoting sustainable industrialization and economic development throughout various regions.
Notably, the SLSWCA has approved the highest number of investment proposals in the textile, apparel, and technical textile sectors during this meeting.
A private firm has proposed an investment of Rs 700.29 crore in Khordha to create an integrated textile facility, which will generate 1,010 jobs.
Additionally, another company plans to establish a knitted fabric and garment unit in Khordha with an investment of Rs 209.36 crore, resulting in 1,080 jobs.
Among the significant investments approved on Friday, a private company aims to expand its operations with a rolling mill, pellet plant, DRI, billet plant, and captive power plant in Jharsuguda with an investment of Rs 990 crore, which will create 2,000 jobs.
Another business plans to invest Rs 320.70 crore to develop a treatment, storage, and disposal facility in Ganjam, generating 145 jobs.
In a similar vein, a private entity will invest Rs 205.44 crore in Jajpur to set up a carbon electrode paste manufacturing plant, creating 600 jobs.
With a focus on effective governance, strategic vision, and a strong policy framework that promotes an easy business environment, Odisha is rapidly becoming a favored investment destination in India.
The state government emphasizes that Odisha is on a consistent path toward building a prosperous, future-ready economy aligned with the vision of Samrudha Odisha 2036.
Point of View
The recent approval of 25 industrial projects in Odisha underscores the state's commitment to economic development and job creation. With strategic investments in diverse sectors, Odisha is positioning itself as a significant player in India's industrial landscape, aligning with national growth objectives.
NationPress
20/09/2025
Frequently Asked Questions
What is the total investment approved by the Odisha government?
The Odisha government has approved a total investment of Rs 4,739 crore across 25 industrial projects.
How many jobs are expected to be created?
The approved projects are expected to generate approximately 25,200 employment opportunities.
What are the key sectors involved in these projects?
The projects cover 13 key sectors, including textiles, steel, chemicals, IT, and renewable energy.
Who chaired the meeting for project approvals?
The meeting was chaired by Odisha Chief Secretary Manoj Ahuja.
What is the vision of Samrudha Odisha 2036?
Samrudha Odisha 2036 is a vision aimed at building a prosperous and future-ready economy in the state.
