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Home » Odisha CM Highlights Historic MoUs and Industrial Growth

Odisha CM Highlights Historic MoUs and Industrial Growth

Delhi Investors’ Summit Paves Way for ₹1.39 Lakh Crore Investments and 95,000 Jobs

Yajati Rout by Yajati Rout
April 10, 2025
in Odisha, Trending Now
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Odisha Chief Minister Mohan Charan Majhi addressed the media at Biju Patnaik International Airport in Bhubaneswar today upon his return from a successful two-day visit to New Delhi, where he participated in an investors’ summit and signed multiple Memoranda of Understanding (MoUs).


The visit, spanning April 7-8, marked a significant step toward transforming Odisha into a hub for industrial and petrochemical development, with agreements poised to bring in investments worth ₹1,39,390 crore and create over 95,195 job opportunities.

A key highlight of the trip was the signing of 13 MoUs and securing 15 investment intents, with the most notable being a landmark agreement with Indian Oil Corporation Limited (IOCL). Under this MoU, IOCL will invest ₹58,042 crore in Odisha, generating 24,000 jobs and positioning the state as a leader in the petrochemical and chemical sectors. The CM emphasized that this partnership, alongside collaborations with Indian Strategic Petroleum Reserves Limited and Petronet LNG, will pave the way for downstream and ancillary units, fostering a port-based economy.

https://pragativadi.com/wp-content/uploads/2025/04/WhatsApp-Video-2025-04-09-at-11.49.43-PM.mp4

During his visit, CM Mohan Majhi also toured HCL Technology’s Noida office, proposing the establishment of an HCL campus in Odisha—a suggestion met with a positive response from the company’s leadership. He held discussions with over 25 industrialists, expressing optimism about Odisha’s growing appeal among investors. “What the Prime Minister said about Odisha being a state of immense potential is coming true,” he remarked, underscoring the state’s trajectory toward economic growth.

CM Majhi credited the new government’s initiatives for unlocking fresh opportunities, noting that the Delhi summit built on the success of the Utkarsh Odisha program. “Investors are highly enthusiastic about Odisha, and this will lead to substantial capital inflow,” he added.

https://pragativadi.com/wp-content/uploads/2025/04/WhatsApp-Video-2025-04-09-at-11.49.58-PM.mp4

In addition to industrial advancements, the Odisha CM met Union Home Minister Amit Shah to discuss law and order improvements in Odisha. The talks covered the implementation of new criminal laws, Naxal suppression strategies, and police modernization efforts, including the recruitment of over 12,000 personnel and the creation of 20 new cyber police stations. Shah praised Odisha as a “peace-loving state” and assured central support to bolster its law enforcement framework.

The CM outlined plans to establish an Odisha Cyber Crime Command Centre, deploy forensic vehicles in every subdivision, and form an Odisha Industrial Security Force (OISF) to safeguard the state’s burgeoning industrial landscape. On the Naxal front, micro-level action plans and advanced technologies like drones and UAVs will be employed, alongside the formation of three special battalions of ex-servicemen.

“This visit has laid the foundation for a new Odisha—a prosperous Odisha,” the CM concluded, expressing confidence that these steps would drive industrial growth, employment, and security for the state’s youth and citizens.


Tags: Chief MinisterDelhiIndustrial GrowthInvestors SummitIOCLjobsLaw and OrderMoUodishaPetrochemical
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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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