Odisha Clears Industrial Projects Worth Rs 3,353.15 Crore, Set to Create 4,637 Jobs

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The Odisha government has made a significant move to boost the state’s industrial growth. On Friday, the State Level Single Window Clearance Authority (SLSWCA) approved 15 major projects, totaling an investment of Rs 3,353.15 crore. These projects are expected to create over 4,637 jobs for the people of Odisha. The approvals were given in an SLSWCA meeting led by Odisha’s Chief Secretary, Manoj Ahuja.

Diverse Sectors Targeted for Development

The newly approved projects span multiple industries, showing Odisha’s aim to create a strong and diverse industrial base.

The sectors covered include Chemical and Renewable Energy, Steel Downstream, Aluminum Downstream, Food Processing, Manufacturing, Textile & Apparel, Tourism, Pharmaceuticals, and Cement. These projects will be set up in various districts, including Koraput, Khordha, Baragarh, Puri, Cuttack, and Jharsuguda.

Odisha clears industrial projects
SectorInvestmentExpected JobsLocation
Chemical & Renewable Energy₹121.21 crore69Puri
Steel Downstream₹750 crore800Cuttack
Aluminum Downstream₹55.72 crore205Jharsuguda
Manufacturing₹55.81 crore132Khurda
Food Processing₹1,542.04 crore1,358Khurda, Baragarh, Cuttack
Textile & Apparel₹51.80 crore535Khurda
Tourism₹273.14 crore620Bhubaneswar, Puri, Koraput
Pharmaceuticals₹59.43 crore182Cuttack
Cement₹372 crore581Cuttack

Here’s a closer look at each sector and the projects planned within them:

1. Chemical and Renewable Energy Sector

Reliance Bio Energy Limited will set up a compressed bio-gas and organic manure plant in Puri under the Chemical and Renewable Energy sector. This project will involve an investment of Rs 121.21 crore and is expected to create 69 jobs. The bio-gas plant supports Odisha’s goals for renewable energy and sustainable development.

2. Steel Downstream Sector

Beekay Steel Industries Limited will make a major investment in Odisha’s Steel Downstream sector by expanding its production facilities in Cuttack. With an investment of Rs 750 crore, the company plans to boost production of sponge iron, billets, ferro alloys, and sinter plants, along with adding a captive power plant. This project is expected to create around 800 jobs, adding significant employment opportunities in the steel industry.

3. Aluminum Downstream Sector

HM Power and Cables Pvt Ltd will set up a new plant in Jharsuguda under the Aluminum Downstream sector. This facility will produce aluminum conductors, power cables, and wires, with an investment of Rs 55.72 crore. The project is expected to create 205 jobs.

4. Manufacturing Sector

Nexthermal Asia Private Limited plans to set up a heating elements manufacturing unit in Khurdha, investing Rs 55.81 crore. This project is expected to create 132 jobs, highlighting Odisha’s support for industries producing essential components.

5. Food Processing Sector

Odisha’s food processing sector will grow with new projects from Bhuvaneshwari Foods and Beverages, Aban Beverages, Geofast Consumer Products, and Avira Distillery. These companies will establish their projects in Khurdha, Baragarh, and Cuttack, investing nearly Rs 1,542.04 crore in total. Together, these projects are expected to create over 1,358 jobs and boost the food processing industry in the state.

6. Textile & Apparel Sector

Odisha Textile Manufacturing Private Limited will set up a unit in Khurdha to produce recycled yarn from textile waste. The project will involve an investment of Rs 51.80 crore and is expected to create 535 jobs. By focusing on recycling, it supports Odisha’s sustainability goals.

7. Tourism Sector

In tourism, ITC Limited will expand its luxury hotel, “Welcomhotel,” in Bhubaneswar with an investment of Rs 119.14 crore, creating 240 new jobs. Additionally, SJ JRG Ventures LLP and Crackers India Infrastructures Ltd (LYFE Group of Hotels) will invest Rs 154 crore in new hospitality projects in Puri and Koraput. These tourism projects are expected to add around 380 jobs, boosting Odisha’s reputation as a tourist destination.

8. Pharmaceutical Sector

Infunex Healthcare Pvt. Ltd will open a new unit in Cuttack to produce intravenous fluids. The project will have an investment of Rs 59.43 crore and is expected to create 182 jobs.

9. Cement Sector

Ultra Tech Cement Ltd will expand its cement grinding capacity in Cuttack, increasing it from 3 MTPA to 6 MTPA. The company will invest Rs 372 crore in this project, which is expected to create 581 jobs. This expansion will help meet the growing demand for cement in Odisha.

Boosting Odisha’s Economy

The approval of these projects shows that the Odisha government is committed to economic growth and job creation. The wide range of industries involved highlights the state’s plan to build a strong and inclusive industrial ecosystem. These projects are expected to boost local employment, support sustainable development, and strengthen Odisha’s position as a key industrial hub in India.

As these projects begin, Odisha is expected to experience an economic boost and a stronger industrial base across different sectors. This step points to a promising future for industrial growth and job creation in the state.

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