Odisha's Industrial Leap: ₹1.15 Lakh Crore Boost for Kalinganagar

On May 22, 2025, Odisha Chief Minister Mohan Charan Majhi inaugurated and laid the foundation stone for 24 industrial projects in Kalinganagar, located in Jajpur district. These projects represent a cumulative investment of ₹1.15 lakh crore and are expected to generate around 36,000 employment opportunities.

The initiatives are spread across Kalinganagar, Danagadi, and Badachana, reinforcing the region’s position as a key industrial hub in the state. The projects span a range of sectors including steel, ferro alloys, chemicals, solar energy, refractories, automotive components, warehousing, and food processing.

A major highlight is Tata Steel’s ₹47,599 crore expansion of its 5 MTPA Integrated Steel Plant at Kalinganagar, which is expected to create 4,625 jobs. Similarly, the JSL Group is investing ₹470 crore in a combined petroleum and solar energy project, while Abis Exports is setting up a poultry feed plant, further diversifying the region’s industrial base.

Among projects where work has already commenced, Neelachal Ispat Nigam Limited (NINL) leads with a ₹61,769 crore expansion of its steel plant, projected to generate 14,000 jobs.

According to state officials, these developments not only bring in substantial capital and cutting-edge technology but also boost the MSME sector, create large-scale employment, and foster collaboration with downstream industries.

News by Rahul Yelligetti.