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Home » Odisha Approves Rs 4,982.66 Cr Investments to Create 11.9K+ Jobs

Odisha Approves Rs 4,982.66 Cr Investments to Create 11.9K+ Jobs

138th SLSWCA greenlights 23 strategic projects across sectors like steel, green energy, chemicals, textiles, IT, and food processing.

Yajati Rout by Yajati Rout
July 24, 2025
in Business, Odisha, Trending Now
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Odisha investment approvals July 2025
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In a significant step towards achieving the vision of Samrudha Odisha by 2036, the Government of Odisha, under the dynamic leadership of Chief Minister Mohan Charan Majhi, is fast-tracking industrial development and fostering inclusive economic growth.


Reinforcing its commitment to building a robust investment ecosystem, the 138th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Manoj Ahuja, approved 23 new investment proposals totalling ₹4,982.66 crore. These initiatives are expected to generate 11,933 jobs across 12 districts in the state.

The approved investments span several strategically important sectors, including Apparel and Textiles, Steel and Downstream Industries, Food and Beverages, Chemicals, Pharmaceuticals, Power and Renewable Energy, IT and ITES, Tourism, and Aerospace and Defence. This demonstrates the government’s holistic approach towards balanced regional development and sustainable industrialization.

This latest wave of investments reflects the state’s progressive policy framework, improved ease of doing business, and a clear roadmap for growth, aiming to transform Odisha into a vibrant economic powerhouse by 2036.


Major Sectoral Highlights:

Apparel & Textiles: Odisha’s emerging textile ecosystem receives a significant boost as KPR Mill Limited announces an investment of ₹350 crore in a large-scale garment manufacturing unit in Khordha. This facility will have an annual production capacity of 46.8 million pieces and is expected to create 5,000 jobs.

Steel & Downstream Industries: Odisha continues to strengthen its leadership in metal manufacturing with several key projects:

  • Vidya Minerals Pvt. Ltd. plans to establish a 0.21 MTPA integrated steel plant in Sundargarh, with an investment of ₹620 crore and the potential to create 525 jobs.
  • Jatia Steel Limited is set to build a steel structure unit in Jajpur, investing ₹451.90 crore and generating 175 jobs.
  • Additional proposals from Amsted Steel Foundries, Mankash Enterprises, and Steelograph Ascenders will enhance the state’s downstream capabilities.

Food & Beverages: The agro-processing sector is witnessing significant growth:

  • Hindustan Aqua Pvt. Ltd. will establish a beverage unit in Sundargarh, investing ₹320 crore and creating 250 jobs.
  • Pragati Milk Products Pvt. Ltd. plans to develop a dairy facility in Balasore with an investment of ₹114.34 crore, which will create 674 jobs.

Tourism & Hospitality: Odisha’s emphasis on sustainable and luxury tourism is reinforced with six premium hospitality projects in Puri, Gajapati, Nayagarh, Kandhamal, and Ganjam, worth ₹479 crore. These projects are expected to generate 1,352 jobs and enhance Odisha’s appeal as a high-end tourist destination.

Aerospace & Defence – Emerging Technologies: Odisha is embracing innovation, with BonV Technology Pvt. Ltd. investing ₹300 crore in a futuristic Drone Park in Khordha. This integrated UAV ecosystem will focus on research and development, manufacturing, and training, creating 760 jobs and positioning Odisha as a leader in drone technology in India.

Green Energy & Green Equipment:

  • Ecodynamix Green Energy Pvt. Ltd. will develop a 30 MW solar power plant in Bargarh, with an investment of ₹100 crore.
  • Luminous Power Technologies Pvt. Ltd. plans to establish a manufacturing unit for 1.2 GW solar cells and 1 GW solar PV modules in Gopalpur, investing ₹950 crore and creating approximately 1,000 jobs.

Industrial Gases, Chemicals, & Pharmaceuticals:*

  • Linde India is investing in an Air Separation Unit in Sundargarh.
  • Growing Tree Oil Refinery Pvt. Ltd. will set up a solvent extraction unit in Bargarh.
  • Synnat Pharma Pvt. Ltd. plans to invest ₹100 crore in an API manufacturing unit in Cuttack.

Information Technology: APMOSYS Technologies Pvt. Ltd. will establish a software development centre in Khordha with a proposed investment of ₹65 crore, creating 155 jobs. This development demonstrates Odisha’s growing appeal in the digital and IT services sector.

With strong governance, focused policies, and fast-track approvals, Odisha is emerging as a leading investment destination. The projects approved in this SLSWCA meeting reflect the state’s commitment to job creation, value addition, and regional development.

Under the leadership of Chief Minister Mohan Charan Majhi, Odisha is steadily progressing towards a prosperous, future-ready economy, in line with the vision of Samrudha Odisha 2036.


Check List of Approved Projects

Sl Project Name Project Description Project Cost (Rs in Cr) Employment (Potential) Sector Location
1 KPR Mill Limited Garment manufacturing unit 350.00 5,000 Apparel & Textiles Khordha
2 Linde India Limited Air Separation unit for production of various industrial gasses 510.00 100 Industrial gasses Sundergarh
3 Vidya Minerals Private Limited Integrated Steel Plant 620.00 525 Steel Sundergarh
4 Jatia Steel Limited Steel Structure Manufacturing facility 451.90 175 Steel (Downstream) Jajpur
5 Amsted Steel Foundries (India) Private Limited Steel foundry for manufacturing of Railway Bogies 250.00 500 Steel (Downstream) Khurdha
6 Mankash Enterprises Private Limited Structural steel fabrication unit 66.24 140 Steel (Downstream) Sundergarh
7 Steelograph Ascenders MS Strips & MS Pipes manufacturing unit 64.65 230 Steel (Downstream) Sundergarh
8 OSC Steel Private Limited Steel processing unit for manufacturing EWR pipes. 62.91 140 Steel Sundergarh
9 Hindustan Aqua Private Limited Beverage manufacturing unit 320.00 250 Food, Beverage & Allied Sectors Sundergarh
10 Pragati Milk Products Private Limited Dairy products manufacturing unit 114.34 674 Food, Beverage & Allied Sectors Balasore
11 Growing Tree Oil Refinery Private Limited Solvent Extraction unit 121.00 270 Chemicals Bargarh
12 Ecodynamix Green Energy Private Limited 30 MW captive ground-mounted Solar Power Plant 100.00 100 Power & Renewable Energy Bargarh
13 Synnat Pharma Pvt. Ltd. Active Pharmaceutical Ingredients (APIs) and Intermediates manufacturing facility 100.00 390 Pharmaceutical Cuttack
14 Apmosys Technologies Private Limited Software development centre facility 65.00 155 IT and ITES Khordha
15 Jagannath Corporation Projects Pvt Ltd 5-star hotel cum Resort 120.00 285 Tourism Puri
16 Pratyaksh Estates Pvt Ltd Hotel & Resort facilities 100.00 200 Tourism Gajapati
17 Hotel Pal Regency Private Limited 5-star Hotel at Puri 83.00 450 Tourism Puri
18 Arkasri Hospitality and Tourism Private Limited 3-star Resort facility 70.62 150 Tourism Nayagarh
19 The World Hotels Pvt Ltd 3- star Resort 54.50 140 Tourism Daringibadi, Kandhamal
20 The World Hotels Pvt Ltd 3- star Resort 51.09 127 Tourism Taptapani, Ganjam
21 RV Breweries Private Limited Brewery production Unit 57.41 172 Food, Beverage & Allied Sectors Deogarh
22 M/s BonV Technology Private Limited Drone manufacturing Park. 300.00 760 Aerospace & Defence Khurdha
23 Luminous Power Technologies Private Limited Solar cell and Solar PV module manufacturing unit 950.00 1,000 Green Energy Equipment Gopalpur, Ganjam.
4,982.66 11,933
Tags: Economic Growthfood processingGreen Energyinvestment approvalsIT & ITeSJob CreationodishaOdisha investment approvals July 2025SLSWCAsteel industryTextiles
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Yajati Rout

Yajati Rout

Yajati K. Rout is a dynamic journalist at Pragativadi, known for delivering nuanced and impactful storytelling that spans Odisha’s societal fabric to global sports arenas. His reporting navigates seamlessly between grassroots realities, high-profile political developments, and the pulse of international tennis and cricket. With a flair for SEO-driven storytelling and a deep cultural lens, Yajati crafts content that resonates with a diverse readership—bridging insight with accessibility.

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