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Home » Odisha Approves 23 Projects Worth Rs 4,112 Crore, Creating Nearly 10K Jobs

Odisha Approves 23 Projects Worth Rs 4,112 Crore, Creating Nearly 10K Jobs

Odisha's Industrial Leap: Rs 4,112 Crore Investments Fuel Job Growth Across Sectors

Yajati Rout by Yajati Rout
February 10, 2026
in Business, Odisha, Trending Now
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In a significant push towards industrial growth and employment generation, the Odisha government has approved 23 investment proposals worth Rs 4,111.80 crore, expected to create 9,924 jobs across the state.


The approvals, cleared by the 144th State Level Single Window Clearance Authority (SLSWCA) chaired by Chief Secretary Anu Garg, span diverse sectors and 11 districts, highlighting Odisha’s strategy for balanced regional development.

The projects cover mechanical and electrical capital goods, apparel and textiles, aerospace and defense manufacturing, shipbuilding and ship repair, pharmaceuticals, chemicals, refractories, aluminum downstream industries, mineral beneficiation, metal downstream, plastics, glass manufacturing, logistics and warehousing, infrastructure, and tourism and hospitality. This diversification aims to build a resilient industrial ecosystem amid Odisha’s vision for sustainable economic progress under Chief Minister Mohan Charan Majhi.

Among the standout initiatives in mechanical and electrical capital goods is Nipha Limited’s railway component manufacturing unit in Khordha, with an investment of Rs 384 crore and 310 jobs. In aerospace and defense, Inventgrid India Private Limited will establish an advanced multi-drone manufacturing center in Ganjam, investing Rs 300 crore and generating 1,000 jobs.

The maritime sector sees a boost with Northern Express Infradevelopers Private Limited’s shipbuilding and ship-repair facility in Bhadrak, at Rs 339.40 crore and 507 jobs. In apparel and textiles, J.G. Hosiery Private Limited’s unit in Khordha, with Rs 100 crore investment, will produce 149.76 million pieces annually and create 2,350 jobs—one of the largest employment generators in this round.

Pharmaceuticals and chemicals feature prominently: Alventa Pharma Limited’s formulation unit in Khordha (Rs 100 crore, 250 jobs), Blue Mount Energy Private Limited’s sorbitol plant in Cuttack (Rs 100 crore, 100 jobs), and Growing Tree Oil Refinery Private Limited’s integrated feed manufacturing complex in Cuttack (Rs 100 crore, 250 jobs).

In refractories and aluminum downstream, expansions include Sarvesh Refractories Ltd’s silica brick plant in Sundargarh (Rs 62 crore, 100 jobs), Jharkhand Grind Chem Private Limited’s unit in Jajpur (Rs 67.15 crore, 225 jobs), and Romco Aluminates (Koraput) Private Limited’s facility in Koraput (Rs 54.50 crore, 100 jobs).

Plastics and glass sectors gain from Yash Flexi Pack Private Limited’s packaging unit in Balasore (Rs 51 crore, 150 jobs) and JBSS Glass Private Limited’s manufacturing in Cuttack (Rs 50.85 crore, 263 jobs). Water Tech India Private Limited will also set up a plastics products facility in Ganjam (Rs 387 crore, 975 jobs).

Mineral beneficiation and metal downstream projects dominate with large-scale investments: Kalinga Metalics Limited’s 4 MTPA iron ore beneficiation plant in Sundargarh (Rs 600 crore, 700 jobs), Shree Ram Iron and Alloys Private Limited’s 0.8 MTPA pellet plant in Debagarh (Rs 250 crore, 475 jobs), Rashmi Metallurgical Industry Private Limited’s 3.0 MTPA plant in Sundargarh (Rs 350 crore, 200 jobs), Aryas Ore Refinery Private Limited’s facility in Sundargarh (Rs 51 crore, 149 jobs), and Eastside Subh Steel Private Limited’s steel processing unit in Sundargarh (Rs 60.05 crore, 130 jobs).

Logistics gets a lift with Shrishti Trading Corporation Private Limited’s park in Cuttack (Rs 160.75 crore, 595 jobs). Tourism and hospitality approvals include MK Assets Private Limited’s 5-star hotel in Khordha (Rs 210 crore, 240 jobs), Manjeera Hotels and Resorts Private Limited’s 5-star luxury hotel in Puri (Rs 200 crore, 450 jobs), Panda Resorts Private Limited’s 4-star hotel in Puri (Rs 70 crore, 240 jobs), and Shankari Devi Enterprise’s 4-star hotel in Sambalpur (Rs 64.10 crore, 165 jobs).

These approvals, implemented across districts like Balasore, Bhadrak, Cuttack, Debagarh, Ganjam, Jajpur, Khordha, Koraput, Puri, Sambalpur, and Sundargarh, align with Odisha’s Single Window system for efficient business facilitation. They reinforce the state’s position as an attractive investment hub in Eastern India, focusing on job-led growth and future-ready industries as part of the Samruddha Odisha 2036 vision.


 

Tags: aerospace defenseIndustrial GrowthJob Creationmineral beneficiationOdisha InvestmentspharmaceuticalsSamruddha Odishashipbuildingsingle window clearancetourism hospitality
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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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