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Odisha CM Returns with Investment Worth Rs 1 lakh Crore from Kolkata

Yajati Rout by Yajati Rout
January 17, 2026
in Business, Odisha, Trending Now
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Eastern India has made significant strides from “potential to performance,” said Chief Minister of Odisha, Mohan Charan Majhi. He emphasised that the state is prepared to co-anchor the next phase of industrial growth in the East under the vision of Purvodaya, focusing on collaboration, integrated value chains, and shared prosperity.


During the Odisha Investors’ Meet Roadshow at ITC Sonar in Kolkata, the Chief Minister invited industry leaders to partner with Odisha. He stated that growth in the East will not be competitive but collaborative, with states complementing each other’s strengths to develop a robust eastern industrial corridor.

The Chief Minister remarked, “Odisha is financially strong and economically secure, rapidly transforming from a resource-based economy into a hub for value addition and advanced manufacturing. This transformation is driven by speed, scale, and sustainability.” He highlighted Odisha’s strategic coastline and ports at Paradip, Dhamra, and Gopalpur as key enablers of port-led industrialisation that will serve eastern and central India.

High-Level Engagement and Sectoral Depth: 130 MEETINGS

The meet featured 130 Exclusive high-level interactions, along with 4 sectoral roundtables. The Hosiery, Apparel Accessories & Technical Textile Roundtable saw participation from CXO-level representatives of 18 leading companies. The Metal Ancillary, Downstream & Engineering Goods, Roundtable saw participation of 22 Companies. The Plastic, Chemical, Packaging & Recycling, Roundtable saw participation of 24 Companies. While the Pharmaceuticals, Medical Devices & Biotech Roundtable brought together 24 companies, reflecting deep industry engagement in strategic sectors.

Concrete Investment Outcome MoUs with IIF  worth 1 lakh cr

These engagements translated into tangible outcomes. During the Kolkata roadshow:

  • 27 MoUs were signed with an investment potential of ₹81,864 crore, generating over 63,161 jobs.
  • 19 investment intent proposals were received, amounting to ₹18,453 crore, with the potential to create over 27,591 employment opportunities.

The Chief Minister emphasised that while MoUs are important, the true measure of success lies in execution on the ground.

Mega Roadshow attracting Investors across Sectors

The Odisha Investors’ Meet Roadshow in Kolkata saw participation from over 500 industry leaders, business associations, and institutional stakeholders, offering a comprehensive view of Odisha’s industrial ecosystem, infrastructure readiness, and policy-driven growth model.

Addressing the gathering, Chief Minister Majhi presented his vision for Samruddha Odisha by 2036 and outlined a clear roadmap for the growth of the manufacturing and services sectors. He highlighted opportunities across renewable energy equipment, textiles, pharmaceuticals, electronics, IT, data centres, and advanced manufacturing. The Chief Minister invited industry, especially from West Bengal, Jharkhand, and the North-Eastern states, to expand, diversify, and grow with Odisha.

During the road show, Industries Minister Sampad Chandra Swain emphasised: “Odisha’s role in Purvodaya, positioning the State as a natural expansion hub for eastern India with strong infrastructure, port-led logistics, stable policies, fast project execution, focus on new-age sectors, skilled manpower development, and a clear vision to build Samruddha Odisha by 2036 while contributing to Viksit Bharat by 2047. “

The Kolkata engagements covered a wide spectrum of sectors, including Hosiery, Apparel Accessories & Technical Textile, Metal Ancillary, Downstream & Engineering Goods, Plastic, Chemical, Packaging & Recycling, Pharmaceuticals, Medical Devices & Biotech. This sectoral diversity reflects Odisha’s steady transition towards a value-added, diversified, and future-ready industrial economy.

Odisha reiterated its commitment to contributing to this national priority by creating tourism-ready investment clusters and strengthening ancillary and innovation ecosystems.

Chief Minister Mohan Charan Majhi’s vision of building a Samruddha Odisha by 2036, the Government will work proactively to attract investors to Odisha and ensure the timely conversion of MoUs and investment intentions into projects on the ground, with dedicated facilitation by Govt of Odisha. Sector-specific engagement will be further deepened across key industries.

Following the successful roadshow in Kolkata, the Government will prepare for Enterprise Odisha, scheduled to be held on 27–28 January 2026 in Rourkela, which will showcase Odisha’s industrial capabilities, MSME strengths, startup ecosystem, and investment-ready infrastructure across the State, reinforcing its commitment to translating investment interest into on-ground outcomes.


MoU-IIFs Received at Odisha Investors Meet Kolkata 2025

Sectors

Count of Company
(MoUs)

Investment (in Cr)

Employment (in Nos)

1

Air Seperation Unit

4

3,200

325

2

Chemicals

1

532

240

3

Defense

1

1,000

500

4

Infra

1

450

500

5

IT/ ITeS

1

1,000

20,000

6

Mechanical & Capital Goods

2

3,200

1,750

7

Metal Downstream

4

1,505

2,175

8

Mining

1

4,000

2,000

9

Pharmaceuticals

1

100

300

10

Plastics

1

300

475

11

Rare earth Minerals processing

1

2,400

400

12

RE Equipment

3

8,955

7,500

13

Renewable Energy

2

27,222

2,196

14

Steel

4

28,000

24,800

#

Grand Total MoUs

27

81,864

63,161

#

Sector

Count of Company

Sum of Investment

Sum of Employment

                           1

Apparel

2

90

600

                           2

Chemical

1

2500

1200

                           3

Infra

1

1000

700

                           4

Metal Downstream

1

500

700

                           5

Plastics

1

500

125

                           6

RE Equipment

1

10115

8886

                           7

Recycling

1

350

1200

                           8

Wood-based Product

1

1000

1750

                           9

Plastics / Defense

1

30

650

                          10

Steel

1

600

200

                          11

Chemicals

1

10

20

                          12

Food Processing

2

550

6410

                          13

Pharmaceuticals

1

98

1500

                          14

Defence

1

10

30

                          15

Auto & Auto Components

1

150

120

                          16

Tourism

1

200

2500

                          17

Mechanical & Capital Goods

1

750

1000

Grand Total

19

18453

27591

Tags: business newsEastern IndiaEconomic DevelopmentEnterprise OdishaIndustrial GrowthInfrastructureInvestmentjobs creationKolkataKolkata RoadshowMake in OdishaMohan Charan MajhiMoUsodishaOdisha Rs 1 Lakh Crore Investment CommitmentsPurvodaya
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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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