• About us
  • Privacy Policy
  • Disclaimer
  • Contact
Tuesday, October 13, 2026
Pragativadi I Latest Odisha News in English I Breaking News
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • Quiz
  • Prativa Vikash 2026
  • Talent Search
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • Quiz
  • Prativa Vikash 2026
  • Talent Search
No Result
View All Result
Pragativadi I Latest Odisha News in English I Breaking News
No Result
View All Result

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

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
Reading Time: 9 mins read
0 0
0
Odisha IAS IPS IFS Vacancies
265
VIEWS

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
Previous Post

Rail Revolution: New Amrit Bharat Express Trains Speed Up Connectivity!

Next Post

Phulbani: Auto-Rickshaw Driver Burned Alive in Head-On Collision With Car, Two Critical

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.

Related Posts

security guard murdered
Crime

Mining Dispute Feud Suspected After Security Guard Murdered at Sundaragada Crusher Site

October 13, 2026
Saintala RI corruption trap
Odisha

Odisha Vigilance Nabs Saintala RI Taking Bribe for Land Conversion

October 13, 2026
Radio Bhubaneswar HIV AIDS awareness
Health

Radio Bhubaneswar & OSACS Launch HIV/AIDS Awareness Campaign for Youth

October 13, 2026
Next Post
Phulbani road accident fire

Phulbani: Auto-Rickshaw Driver Burned Alive in Head-On Collision With Car, Two Critical

Mahanadi Water Dispute Resolution

Mahanadi Water Dispute: Odisha's Inter-Ministerial Committee Charts Path for Dialogue with Chhattisgarh, Stakeholders

Panchasakha Sikshya Setu Odisha

Panchasakha Sikshya Setu Approves 862 School Development Projects Worth Rs. 12.62 Crore in Odisha's 22 Districts

Follow Us

  • 87.4k Followers

Recommended

Bettiah bridge collapse

Bridge Collapse in Bihar’s Bettiah Cuts Off Traffic Over Dhanauti River

4 months ago
Odisha court recruitment 2025

Odisha Sanctions 840 New Posts for 56 Upcoming Courts

1 year ago
Half Charred Body of Youth Found

Half Charred Body of Youth Found in Nayagarh, Family Alleges Murder

5 months ago
Aakanksha Haat Abhiyan

Odisha CM Launches “Aakanksha Haat Abhiyan” to Boost Aspirational Districts

1 year ago

Instagram

Follow Now

Highlights

Midnight Crash Exposes Cattle Smuggling Bid in Baleshwar, 12 Cattle Rescued

IndiGo Cancels All Flights to Saudi Arabia Till Oct 17 Following Attacks on Riyadh Airport

Couple Found Dead Inside House Under Unexplained Circumstances in Nuapada

Anti-Drug Activist Parminder Singh Jhota Shot Dead in Punjab’s Mansa

6 Maoists Carrying Rs 35 Lakh Bounty Including 4 Active in Odisha Surrender in Chhattisgarh

Bhubaneswar Gears Up for Durga Puja 2026: Comprehensive Traffic Restrictions & Immersion Guidelines Released

Trending

security guard murdered
Crime

Mining Dispute Feud Suspected After Security Guard Murdered at Sundaragada Crusher Site

by Itishree Sethy
October 13, 2026
0

A chilling incident has shaken Sargigarh village under the Koida police station limits in Odisha's Sundargarh district,...

Saintala RI corruption trap

Odisha Vigilance Nabs Saintala RI Taking Bribe for Land Conversion

October 13, 2026
Radio Bhubaneswar HIV AIDS awareness

Radio Bhubaneswar & OSACS Launch HIV/AIDS Awareness Campaign for Youth

October 13, 2026
cattle rescue Baleshwar

Midnight Crash Exposes Cattle Smuggling Bid in Baleshwar, 12 Cattle Rescued

October 13, 2026
IndiGo cancels Saudi Arabia flights

IndiGo Cancels All Flights to Saudi Arabia Till Oct 17 Following Attacks on Riyadh Airport

October 13, 2026
Facebook Twitter Youtube RSS

ABOUT US

News, as it should be covered, has been the forte of Pragativadi over the years. And this has ensured a classy readership encompassing the who’s who of the state. The people who matter in Odisha, depend on Pragativadi. For opinion leaders, decision makers and people with surplus disposable income Pragativadi is a must.

Follow us on social media:

E-Library

Chayanika

by Yajati Rout
December 16, 2025
0

Unmesha

by Yajati Rout
December 16, 2025
0

© 2026 Pragativadi

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • Quiz
  • Prativa Vikash 2026
  • Talent Search

© 2026 Pragativadi