Odisha's ₹4,739 Crore Investment Bonanza

The Odisha government has approved 25 new industrial projects with a total investment of ₹4,739 crore, expected to create approximately 25,200 employment opportunities across multiple districts. The approvals were granted during a meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Manoj Ahuja.

Key Highlights:

Districts Covered: Khurda, Jajpur, Cuttack, Sambalpur, Jharsuguda, Ganjam, Mayurbhanj, Angul, and Gajapati

Estimated Employment: ~25,200 jobs, Total Investment: ₹4,739 crore, Number of Projects: 25

Sectoral Spread:

The approved projects span 13 key sectors, including:

Textiles & Apparel, Steel & Metallurgy, Chemicals & Petrochemicals, IT & Electronics, Infrastructure & Logistics, Renewable Energy, Tourism & Hospitality, Cold Storage & Food Processing, Capital Goods Manufacturing

These initiatives align with Odisha’s diversified industrial development strategy, aimed at fostering balanced regional growth and improving socio-economic indicators.

The state government highlighted Odisha’s emergence as a preferred investment destination, driven by proactive governance, strategic planning, and a business-friendly policy environment that ensures ease of doing business.

With these new approvals, Odisha continues to strengthen its industrial base while attracting both domestic and global investors.

News by Rahul Yelligetti.