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CM Majhi Returns to Odisha with Investment Commitments Worth Rs 48,330 Crore from Gujarat

For Viksit Bharat, Eastern India Must Rise- Accelerating Towards Vision 2036 - 2047

Yajati Rout by Yajati Rout
May 7, 2026
in Business, Odisha, Trending Now
Reading Time: 3 mins read
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Odisha investment commitments Gujarat
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“Western India has already led India’s industrial rise. Now, for Viksit Bharat, Eastern India must rise, and Odisha is ready to lead that transformation,” said Chief Minister Mohan Charan Majhi while addressing the Odisha Investors’ Meet Roadshow in Vadodara, Gujarat.


Positioning Odisha as the growth engine of Eastern India under the vision of Purvodaya, the Chief Minister invited leading industries from Gujarat to expand their footprint in Odisha and become partners in the State’s next phase of industrial growth. Calling Odisha the “Gateway to India’s Fastest Growing Trade Corridors,” he highlighted the State’s strategic advantage in connecting industries to East Asia, South-East Asia, and Indo-Pacific markets through major ports at Paradip, Dhamra, and Gopalpur.

The Gujarat outreach concluded with strong investor response, high-level industry engagement, and significant investment commitments across sectors, including Metal Downstream, Chemicals, Pharmaceuticals, Rare Earth Value Addition, Green Energy Equipment, Infrastructure, Logistics, Food Processing, Apparel & Textiles, IT & ITES, ESDM & Semiconductor, Lab Grown Diamonds, Plastics, Tourism, Aerospace & Defence, Capital Goods, and Power.

The delegation was led by Chief Minister Majhi. It included Minister for Industries Sampad Chandra Swain, Chief Secretary Anu Garg, and Additional Chief Secretary, Industries, Home & I&PR, Hemant Sharma, along with senior officials of the Government of Odisha.

Highlighting Odisha’s industrial ecosystem, the Chief Minister said the State offers a strong combination of raw material availability, modern infrastructure, port-led logistics, policy stability, and fast project execution systems. He noted that Odisha is steadily transforming from a resource-based economy into a value-added manufacturing and advanced industrial hub.

The Chief Minister also highlighted Odisha’s growing momentum in clean energy manufacturing, particularly in solar cells, modules, integrated value chains, and green manufacturing ecosystems. He said Odisha is well-positioned to contribute to India’s next phase of clean energy growth. He further underlined the State’s emergence as a railway manufacturing and supply-chain hub with expanding opportunities in engineering, fabrication, wheel, axle, and component manufacturing.

Strong Industry Response and High-Level Engagements

The Odisha Investors’ Meet in Ahmedabad, Mundra, and Vadodara witnessed over 132 meetings which includes high-level one-on-one B2G meetings and 4 sectoral roundtables, 2 investment promotion roadshows at Ahmedabad and Vadodara with over 700+ attendance, reflecting strong interest from leading industries and institutional stakeholders. The focused sectoral discussions enabled detailed deliberations on investment opportunities, policy support, logistics advantages, and industrial partnerships.

The broad-based participation reflected Odisha’s steady transition towards a diversified, value-added, and future-ready industrial economy.

Major Investment Outcomes

The Gujarat roadshow translated into significant investment outcomes for Odisha: Overall, 71 investment intents (8 MoUs and 63 Investment Intention Forms) accounted for a total investment potential of ₹48,330 crore, with projected employment generation of over 67,838 jobs.

Reiterating the Government’s focus on execution and investor facilitation, the Chief Minister assured industries of proactive support through Odisha’s GO-SWIFT single-window clearance mechanism and dedicated handholding support systems.

The Odisha Investors’ Meet Roadshow in Vadodara witnessed participation from over 200 industry leaders, business associations, and institutional stakeholders, showcasing Odisha’s industrial ecosystem, investment-ready infrastructure, MSME strengths, skilled manpower base, and policy-driven manufacturing vision.

During the roadshow, Minister of Industries Sampad Chandra Swain said Odisha is steadily emerging as a natural industrial expansion hub for Eastern India under the vision of Purvodaya. He highlighted the State’s strong infrastructure, port-led logistics, stable industrial policies, skilled workforce, and clear roadmap towards building Samruddha Odisha by 2036 while contributing to Viksit Bharat by 2047.

He further said that Odisha is not merely offering an investment destination, but a long-term growth partnership built on trust, execution, speed, and stability.

Under the leadership of Chief Minister Mohan Charan Majhi, the Government of Odisha continues to actively engage with industries across the country to convert investment intent into on-ground industrial development, employment generation, and long-term economic growth, reinforcing the vision of Viksit Bharat, Purvodaya from Odisha.


 

Tags: CM MajhiEastern India developmentGujarat investmentsIndustrial Growthinvestment commitmentsodishaOdisha economyPragativadi newsViksit BharatVision 2047
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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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