As the new government in Odisha marks its one-year anniversary, the state is experiencing the significant benefits of double-engine governance, thanks to strong coordination between the Centre and the State.
Under the visionary leadership of Chief Minister Mohan Charan Majhi, Odisha has made substantial progress towards industrial revitalisation. In a major boost to the state’s economy, the 41st High-Level Clearance Authority (HLCA) meeting held today approved 8 transformative industrial projects worth ₹1,51,239.50 crore, which have the potential to create over 60,200 job opportunities.
This landmark decision, personally endorsed by CM Majhi, reflects the government’s proactive approach to accelerate industrial growth, attract mega investments, and ensure large-scale employment for the youth of Odisha. The projects, which are spread across six districts—Dhenkanal, Ganjam, Jajpur, Keonjhar, Khordha, and Sambalpur—span strategic sectors including aluminium, chemicals, steel, textiles, and ancillary and downstream sectors in metal processing.
In the aluminium sector, Vedanta Ltd is leading with a remarkable investment of Rs 1,28,000 crore to establish a 3 MTPA aluminium smelter and a 4,900 MW captive power plant (CPP) in Dhenkanal. This single mega project is expected to create 30,000 jobs, further solidifying Odisha’s position as a global hub for aluminium.
The chemicals sector has also seen a significant proposal from SRF Ltd, which plans to set up a specialty chemicals and refrigerant manufacturing unit with an annual capacity of 2 lakh MT in Ganjam. This project involves an investment of Rs 10,000 crore and is expected to generate 20,000 employment opportunities.
In the Steel and Metal Downstream sector, Jindal India Steel Tech Ltd will set up a 1.26 MTPA specialty steel processing facility in Dhenkanal, with an investment of Rs 3,600 crore, creating 2,000 jobs. Further, Shyam Steel Manufacturing Ltd proposes a 0.53 MTPA integrated steel plant, DI pipe unit, and 46 MW CPP in Keonjhar, at Rs 2,490 crore, employing 2,370 persons. Additionally, Linde India Ltd will invest Rs 1,303.50 crore to establish an Air Separation Unit in Jajpur, offering high-quality industrial gases and employing 100 people.
Ancillary metal sector projects include Star Metal Works Pvt Ltd, which will invest Rs 2,291 crore in Sambalpur to set up a narrow hot strip mill, cold rolling, and plate cum Steckle mill, creating 250 jobs. Meanwhile, Supreme Metals Export Pvt Ltd plans a 1.2 MTPA rolling mill for TMT bars and wire rods in Keonjhar, worth Rs 1,500 crore, generating 680 jobs.
In the Textiles sector, Sportking India Ltd will invest Rs 2,055 crore in Khordha to establish a cotton and blended yarn manufacturing unit with an annual capacity of 62,000 MT, creating 4,800 employment opportunities.
The projects approved in the 41st HLCA meeting reflect Odisha’s strong commitment to industrial growth, job creation, and economic development. With focused leadership and fast decision-making, the state is attracting major investments across key sectors.
The Chief Minister, after clearance of these 8 projects, said that since the beginning, his government has held 6 HLCA meetings, including that of today. Over these 6 meetings, a total of 62 projects have been approved with an investment opportunity of Rs 5.67 lakh that can potentially create about 2.42 lakh jobs. He further said that this progress is a clear step towards the national goal of “Viksit Bharat by 2047” and the state’s vision of “Samruddha Odisha by 2036”. Odisha is moving confidently towards becoming a leading industrial and investment hub in India, said the CM.
Following is the list of the approved projects in 41st HLCA Meeting
|
Sl |
Project Name |
Project Description |
Project Cost (Rs in Cr) |
Employment (Potential) |
Sector |
Location |
|
1 |
VEDANTA LIMITED |
3 MTPA Aluminium Smelter and 4900 MW Captive Power Plant |
1,28,000 |
30,000 |
Aluminium Industry |
Dhenkanal |
|
2 |
SRF LIMITED |
Manufacturing unit of multiple specialty Chemicals |
10,000 |
20,000 |
Chemicals and Chemical products |
Ganjam |
|
3 |
Jindal India Steel Tech Limited |
Specialty Steel Manufacturing Unit |
3,600 |
2,000 |
Steel (Downstream) |
Dhenkanal |
|
4 |
Sportking India Ltd. |
Cotton and Blended yarn -62000 MT |
2,055 |
4,800 |
Textiles |
Khordha |
|
5 |
Shyam Steel Manufacturing Limited |
0.53 MTPA Integrated steel Plant |
2,490 |
2,370 |
Steel, Iron & Ferro Alloys |
Keonjhar |
|
6 |
STAR METAL WORKS PVT LTD |
Hot Strip mill and colour coating plate manufacturing unit |
2,291 |
250 |
Ancillary &Downstream in Metal Sector |
Sambalpur |
|
7 |
Supreme Metals Export Private Limited |
Setting up a 1.2 MTPA Rolling Mill to Manufacture TMT Bar and Wire rod |
1,500 |
680 |
Ancillary and Downstream in Metal Sector |
Keonjhar |
|
8 |
Linde India Limited |
Air Separation unit for production of various Industrial Gasses |
1,303.50 |
100 |
Ancillary &Downstream in Metal Sector |
Jajpur |
|
|
|
|
1,51,239.50 |
60,200 |
|
|
