Current Date: 17 Oct, 2026

Steel, Energy & Textiles: Odisha Attracts Massive ₹39,383 Cr Expansion

Odisha Chief Minister Mohan Charan Majhi has driven a major industrial push for the state by inaugurating various facilities and laying foundation stones for 53 new projects totaling an investment of Rs 39,383 crore across 14 districts.

Spanning 46 industries in sectors like steel, chemicals, textiles, food processing, and renewable energy, this initiative actively converts commitments from the Utkarsh Odisha–Make in Odisha Conclave 2025 into ground-level operational capacity. Key participating companies include Tata Steel, Jindal Stainless, Reliance, and Paradeep Phosphates, with the projects projected to generate employment for 42,512 people. Additionally, the state secured 14 new investment proposals (including 12 MoUs) worth Rs 4,805.66 crore.

 

News by Rahul Yelligetti.

 

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Source : projxnews