{"id":5719,"date":"2026-03-17T15:39:44","date_gmt":"2026-03-17T15:39:44","guid":{"rendered":"https:\/\/agamiduniya.in\/?p=5719"},"modified":"2026-03-17T15:40:40","modified_gmt":"2026-03-17T15:40:40","slug":"odisha-approves-%e2%82%b94500-crore-investment-creates-over-10000-jobs","status":"publish","type":"post","link":"https:\/\/agamiduniya.in\/?p=5719","title":{"rendered":"ODISHA APPROVES\u00a0\u20b94,500 CRORE INVESTMENT, CREATES OVER 10,000 JOBS"},"content":{"rendered":"\n

23 investment proposals cleared, covering 11 districts<\/strong><\/p>\n\n\n\n

Bhubaneswar, 17.03.2026[ADN] <\/strong>Reaffirming its steadfast commitment to accelerated industrialisation and its pivotal role in the vision of Purvodaya \u2013 the rise of Eastern India as a growth engine<\/em>, the Government of Odisha, under the dynamic leadership of Hon\u2019ble Chief Minister Shri Mohan Charan Majhi, continues to create a robust and future-ready industrial ecosystem through progressive policies and proactive investor facilitation.<\/p>\n\n\n\n

In this direction, the 145th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Smt. Anu Garg, has approved 23 industrial investment proposals with a total investment of \u20b94,510.65 crore. These projects are expected to generate 10,122 employment opportunities, significantly contributing to inclusive economic growth and reinforcing Odisha\u2019s emergence as a leading industrial destination in eastern India.<\/p>\n\n\n\n

The approvals reflect the State\u2019s strategic focus on employment-led industrialisation, sectoral diversification, and regional equity, aligned with the broader national vision of Purvodaya<\/em>. By catalysing investments across both established and emerging sectors, Odisha continues to position itself as a key driver of industrial growth in the eastern region.<\/p>\n\n\n\n

The approved projects span a wide spectrum of sectors including Wood-based Industries, Chemicals, Apparel, Technical Textiles, Pharmaceuticals, Medical Devices, Manufacturing, Aluminium Downstream Industries, Electrical Equipment, Steel & Metal Downstream Industries, Food Processing, Agro Processing,Gemstones & Jewellery, Infrastructure, IT & ITES, and Tourism & Hospitality. This diverse portfolio underscores the State\u2019s commitment to building a resilient, sustainable, and innovation-driven industrial ecosystem.<\/p>\n\n\n\n

These projects will be implemented across eleven districts\u2014Balasore, Bolangir, Cuttack, Jagatsinghpur, Kalahandi, Keonjhar, Khordha, Koraput, Puri, Sambalpur, and Sundargarh\u2014ensuring balanced regional development and deeper industrial penetration across the State.<\/p>\n\n\n\n

Key Approved Projects<\/strong><\/p>\n\n\n\n

In the forest and wood-based sector, Century Plyboards (India) Limited will establish a manufacturing facility in Koraput with an investment of \u20b9870.82 crore, generating 1,000 employment opportunities and strengthening industrialisation in southern Odisha.<\/p>\n\n\n\n

In the chemical and green industry sector, Pidilite Industries Limited will set up a manufacturing unit in Balasore with an investment of \u20b961 crore, creating 88 jobs. Paradeep Phosphates Limited will setup anSulphuric Acid Plant in Jagatsinghpur with an investment of \u20b9425 crore.<\/p>\n\n\n\n

In the apparel and technical textiles sector, Sonaselection India Limited will establish a garment manufacturing unit in Khordha with an investment of \u20b9130 crore, generating 1,858 jobs, while Alphatex Private Limited will set up a technical textile unit in Khordha with an investment of \u20b9180 crore, creating 1,050 employment opportunities. These projects are expected to significantly boost labour-intensive manufacturing.<\/p>\n\n\n\n

In the pharmaceuticals and medical devices sector, Alteus Life Limited will establish a pharmaceutical unit in Cuttack with an investment of \u20b9236.90 crore, generating 549 jobs. Shreeji Imaging & Diagnostic Centre Private Limited will set up a specialised medical facility in Khordha, strengthening advanced healthcare infrastructure.<\/p>\n\n\n\n

In the manufacturing and engineering sector, Nipha Limited will establish an agricultural equipment manufacturing facility in Khordha with an investment of \u20b9164 crore, generating 300 jobs.<\/p>\n\n\n\n

In the aluminium downstream Odisha Special Grade Alumina Ltd will set up a manufacturing unit in Koraput.<\/p>\n\n\n\n

In the steel and metal downstream sectors, key projects include Scan Steels Limited and Llenroc Ventures in Sundargarh, alongside a major expansion by Siddhiriddhi International Private Limited in Keonjhar with an investment of \u20b9610 crore, generating 1,500 jobs, further strengthening the State\u2019s core industrial base. Additionally, Sundar Steel Industries will establish a scrap processing unit in Cuttack, promoting resource efficiency and sustainable industrial practices<\/p>\n\n\n\n

Navprakriti Green Energies Private Limited will establish a metal extraction facility in Balasore with an investment of \u20b9105 crore, generating 540 jobs, strengthening the position of state as Metal hub of the nation.<\/p>\n\n\n\n

In the electrical equipment sector, Abhisek Contech (India) Private Limited will establish a manufacturing unit in Khordha, contributing to infrastructure and power sector value chains.<\/p>\n\n\n\n

In the food processing sector, Coastal Biotech Private Limited will set up an agro-processing unit in Kalahandi with an investment of \u20b9350 crore, generating 500 employment opportunities and boosting rural industrialisation.<\/p>\n\n\n\n

In the gemstones and jewellery sector, Nuvo Aeon Diamond and Jewellery Private Limited will expand its facility in Khordha with an investment of \u20b9243.50 crore, strengthening Odisha\u2019s footprint in high-value manufacturing.<\/p>\n\n\n\n

In the infrastructure sector, Chalah Infratech Private Limited will develop a logistics park in Sambalpur with an investment of \u20b9174.10 crore, enhancing supply chain efficiency.<\/p>\n\n\n\n

In the IT & ITES sector, PricewaterhouseCoopers Services LLP will establish a technology delivery centre in Khordha with an investment of \u20b960 crore, creating 640 high-skilled jobs and reinforcing Odisha\u2019s growing digital economy.<\/p>\n\n\n\n

In the tourism and hospitality sector, multiple projects across Koraput, Bhubaneswar, Bolangir, and Puri will enhance tourism infrastructure and generate substantial employment, further strengthening the services sector.<\/p>\n\n\n\n

Collectively, these 23 projects reaffirm Odisha\u2019s commitment to fast-tracked industrialisation, investment facilitation, and job creation, while contributing to the larger vision of Purvodaya<\/em>. The State continues to offer a conducive ecosystem driven by policy stability, infrastructure readiness, and skilled human resources.<\/p>\n\n\n\n

The Single Window Clearance mechanism remains a cornerstone of Odisha\u2019s ease of doing business framework, ensuring time-bound approvals, streamlined processes, and proactive investor support, enabling swift grounding of projects.<\/p>\n\n\n\n

Aligned with the vision of Samruddha Odisha 2036<\/em>, these approvals mark another significant step towards transforming Odisha into a leading industrial and economic powerhouse of eastern India, contributing meaningfully to India\u2019s growth story. <\/p>\n\n\n\n

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23 investment proposals cleared, covering 11 districts Bhubaneswar, 17.03.2026[ADN] Reaffirming its steadfast commitment to accelerated industrialisation and its pivotal<\/p>\n","protected":false},"author":2,"featured_media":5720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-5719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"_links":{"self":[{"href":"https:\/\/agamiduniya.in\/index.php?rest_route=\/wp\/v2\/posts\/5719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agamiduniya.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agamiduniya.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agamiduniya.in\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/agamiduniya.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5719"}],"version-history":[{"count":2,"href":"https:\/\/agamiduniya.in\/index.php?rest_route=\/wp\/v2\/posts\/5719\/revisions"}],"predecessor-version":[{"id":5722,"href":"https:\/\/agamiduniya.in\/index.php?rest_route=\/wp\/v2\/posts\/5719\/revisions\/5722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agamiduniya.in\/index.php?rest_route=\/wp\/v2\/media\/5720"}],"wp:attachment":[{"href":"https:\/\/agamiduniya.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agamiduniya.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agamiduniya.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}