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Odisha Chief Secy Fast-Tracks Rs 48,330 Crore Investment Proposals from Gujarat Summit | 67,838 Jobs Expected

Chief Secretary Anu Garg leads high-level review to fast-track ₹48,330 crore in pledged investments and create over 67,000 jobs

Yajati Rout by Yajati Rout
May 12, 2026
in Business, Odisha, Trending Now
Reading Time: 4 mins read
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Odisha Gujarat investors summit investments
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In a decisive move to convert investor interest into on-ground action, Odisha’s Chief Secretary, Anu Garg, IAS, chaired a high-level review meeting to fast-track the outcomes of the Odisha Investors’ Summit and Road Show held in Gujarat earlier this month.


The three-day outreach programme in Ahmedabad, Mundra, and Vadodara from May 5 to 7 generated an impressive response, with 71 project proposals worth ₹48,330 crore pouring in. These projects are expected to create 67,838 direct and indirect jobs, marking a significant leap in the state’s industrial ambitions. Of the total proposals, eight Memoranda of Understanding (MoUs) worth Rs 11,300 crore and 63 investment intent forms valued at Rs 37,030 crore were received, reflecting strong confidence from investors across sectors.

Senior officials, including Additional Chief Secretary (Industries) Hemant Sharma, Principal Secretary (Commerce & Transport), Commissioner-cum-Secretary (Handicrafts, Textiles & Handlooms), and top executives from IPICOL and IDCO, attended the meeting at Lok Seva Bhavan.

The Chief Secretary reiterated the state government’s firm commitment to industrialisation and assured investors of a seamless, business-friendly environment. Discussions centred on creating a clear “roadmap” for project implementation through the state’s single-window clearance system. Officials were directed to ensure timely approvals and provide all necessary facilitation so that projects move from proposal to ground-breaking at the earliest.

A special focus was placed on port-based and ancillary industries in the Dhamra region. The meeting explored ways to extend every possible facilitation to investors eyeing opportunities in this strategic coastal hub.

In a forward-looking decision, the government decided to give top priority to the emerging lab-grown diamond sector. Senior officers were instructed to identify suitable land parcels immediately and extend fast-track facilities for setting up units, along with supporting ecosystem industries. This move is expected to position Odisha as a major player in the high-potential lab-grown diamond industry.

Chief Secretary Garg emphasised that the state is fully geared up to walk the talk. “We are committed to turning every genuine investment proposal into a successful project,” she told senior officials, urging them to maintain momentum and deliver results.

With robust institutional support from IPICOL and IDCO, and a clear emphasis on speed and transparency, Odisha is sending a strong message: the state is open for business and ready to partner with investors who share its vision of rapid, inclusive, and sustainable industrial growth.

The coming weeks will see detailed project-specific meetings and ground-level facilitation as the government works relentlessly to translate the Gujarat summit’s success into tangible development across Odisha.


Tags: Chief Secretary Anu GargDhamra Port DevelopmentGujarat Investors Summitindustrialization OdishaIPICOL IDCOjob creation OdishaLab Grown Diamonds OdishaMega Projects OdishaOdisha investmentsingle window clearance
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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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