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Home » Odisha Govt Approves ₹6,117 Crores Investment in 19 Diverse Sectors

Odisha Govt Approves ₹6,117 Crores Investment in 19 Diverse Sectors

Yajati Rout by Yajati Rout
March 17, 2025
in Odisha, Trending Now
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After the success of Utkarsh Odisha – Make in Odisha Conclave, the 135th State Level Single Window Clearance Authority (SLSWCA) meeting has attracted a significant investment of ₹6,117 crores, further strengthening Odisha’s position as a premier investment destination. The meeting, chaired by Chief Secretary Manoj Ahuja, approved 19 major projects that are expected to generate 17,286 job opportunities, contributing to the state’s industrial and economic growth.

Odisha has emerged as a leading hub for industrial investments under the leadership of Chief Minister Mohan Charan Majhi, with a strong commitment to fast-tracking approvals and fostering a business-friendly ecosystem.

This SLSWCA meeting has approved projects across 10 high-impact sectors, including Biofuel, Biotechnology, Shipbuilding, Aluminium, Food Processing, Chemicals, Apparel and Green Energy Equipment. These projects will be implemented in 11 districts, including Bolangir, Cuttack, Ganjam, Jajpur, Jagatsinghpur, Jharsuguda, Kalahandi, Khordha, Kandhamal, Rayagada and Sambalpur ensuring balanced industrial growth across Odisha.

With these investments, Odisha continues its rapid industrial expansion and employment generation, positioning itself as a top destination for businesses.

In the Biofuel and Green Energy sector, Transpacific Engineering Private Limited will invest ₹900 crore in a Biocoal plant in Sambalpur, generating 630 jobs, while Sai Sudha Motors Private Limited will set up a ₹68.58 crore solar module manufacturing unit in Khordha, creating 350 jobs.

The Pipeline Infrastructure will see a ₹868 crore investment from Hindustan Petroleum Corporation Limited for a High-Speed Diesel & Petrol pipeline across Rayagada, Bolangir, and Kalahandi, generating 168 jobs. Additionally, Zoho Corporation Private Limited will establish a ₹306.50 crore Data Centre in Khordha, creating 90 jobs.

The Biotechnology and Chemicals sector will see significant investment, with SapigenBiologix Private Limited setting up a ₹854.32 crore Vaccine Manufacturing Unit at Odisha Biotech Park, Khordha, generating 850 jobs. ARCL Organics Limited will establish a ₹500 crore Specialty Chemicals manufacturing unit in Jagatsinghpur, creating 725 jobs, while RCC Laboratories India Private Limited will invest ₹55.36 crore in a Preclinical Testing and Animal Breeding facility in Khordha, generating 134 jobs.

The Steel and Aluminium sector will see major expansions; including Nezone Steels Utkal LLP will establish a ₹470 crore Colour Coating Sheet Manufacturing unit in Jajpur, creating 340 jobs, while CMR Aluminium Private Limited will set up a ₹234.14 crore Liquid Aluminium Alloy Plant in Sambalpur, generating 200 jobs. Additionally, Corewire Surface Technology Private Limited will establish a ₹50.10 crore Steel Rolls Manufacturing & Rebuilding unit in Jajpur, providing 85 jobs.

The Shipbuilding and Repairing sector received a boost with ChowguleLavganShiprepair Private Limited, which will invest ₹550 crore in a Shipbuilding & Repairing Yard in Jagatsinghpur, creating 1,000 jobs.

The Food Processing sector will witness significant growth with Hindustan Coca-Cola Beverages Private Limited, which will invest ₹515.32 crore in expanding its Food Processing unit in Khordha, generating 441 jobs. Additionally, Geofast Industries (India) Limited will establish a ₹108 crore unit in Khordha, producing Ready-to-Drink Beverages, Personal Care Products, Condiments, and Sauces, creating 400 jobs.

The Textile & Apparel sector continues to grow with Shri Mahavir Ferro Alloys Private Limited investing ₹115 crore in Cuttack to manufacture 1,200 MT of Fabric, 30 Lakh T-Shirts, and 22 Lakh Casual Wear Pants, creating 10,000 jobs. Iron Triangle Limited will invest ₹113.50 crore in Balangir, producing 10 Lakh Towels and 20 Lakh Ethnic Wear garments, generating 1,150 jobs.

The Plastics sector saw a new entrant with Sanyam Tie Up Private Ltd, which will set up a ₹107.50 crore facility center with 175 employment in Jharsuguda for Surface Protection Films, LDPE Shrink Films, PE Liners, Tarpaulin, and Recycling.

The Tourism & Hospitality sector received a boost with Ashirbad Engineering and Construction Pvt Ltd investing ₹139 crore in a 5-Star Hotel in Khordha, generating 254 jobs. Somolo Eco Resorts Private Limited will develop a ₹110 crore Luxury Eco-Resort in Ganjam, creating 219 jobs, while Tavasya Hospitality Pvt Ltd will invest ₹52.20 crore in an Eco-Resort in Kandhamal, providing 250 jobs.

Odisha’s robust industrial policies and investor-friendly initiatives continue to position the state as the most attractive destination for businesses. The success of Utkarsh Odisha 2025 has further cemented investor confidence, leading to large-scale investments that promise significant employment opportunities. With this momentum, Odisha is set to achieve sustainable industrial development, contributing to India’s overall economic progress.

Tags: ApparelIndustryBiofuelBiotechnologyGreenEnergyIndustrialGrowthInvestmentsJobCreationodishaRegionalDevelopmentSustainableDevelopment
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