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Home » Odisha Investors’ Meet in Hyderabad Bags Rs 38,700 Cr Commitments, 20K Jobs in Sight

Odisha Investors’ Meet in Hyderabad Bags Rs 38,700 Cr Commitments, 20K Jobs in Sight

Yajati Rout by Yajati Rout
December 18, 2025
in Business, Odisha, Trending Now
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The Odisha Investors’ Meet got off to a resounding start in Hyderabad on Thursday, as Chief Minister Mohan Charan Majhi’s high-stakes roadshow drew commitments worth ₹38,700 crore in investments, poised to create over 20,200 jobs across key sectors.


The two-day event, organised by the Government of Odisha, aims to showcase the state’s burgeoning industrial landscape to national and international players. On the opening day, Majhi engaged in intensive one-on-one discussions with top executives from industries spanning pharmaceuticals, green energy, textiles, food processing, engineering goods, automotive components, and capital equipment manufacturing.

Fifteen Government-to-Business (G2B) meetings were held, featuring prominent firms such as Indorama Industries Ltd., Jindal Poly Films (focusing on rare earth processing), ABI Showatech Pvt Ltd. (defence production), and Maruti (metals and downstream sectors). These interactions yielded investment intentions totalling ₹19,500 crore, with potential employment for around 7,500 people.

Adding momentum, seven Memoranda of Understanding (MoUs) were inked in the presence of Industries and Skill Development Minister Sampad Chandra Swain and senior state officials. These agreements lock in ₹19,200 crore in investments, expected to generate nearly 12,700 jobs.

“The response from industry during today’s engagements clearly reflects the growing confidence in Odisha’s industrial direction,” Majhi said in a statement. “Our focus is on building long-term partnerships through policy clarity, responsive governance, and a future-ready ecosystem that enables innovation, job creation, and sustainable growth. The roadshow provides an important platform to align industry aspirations with the state’s development priorities and to ensure that investment proposals translate into timely and meaningful outcomes.”

The day’s highlights included a dedicated roundtable with pharmaceutical leaders, building on the momentum from the Odisha Pharma Summit 2025. Conversations zeroed in on the state’s new Pharmaceutical Policy and the development of specialised parks for pharmaceuticals and medical devices, underscoring Odisha’s push to become a manufacturing powerhouse.

Majhi’s visit highlights the state’s strategic pivot toward high-value, emerging sectors amid its transition to a diversified, market-led economy. Officials noted that the robust infrastructure, ease-of-doing-business reforms, and proactive policies are fueling this investor enthusiasm.

Day two promises even broader engagement, with a mega investor conference slated for Friday. The lineup features investment pitches, direct dialogues with state leaders, and additional MoU signings, drawing business associations and institutional investors for an in-depth look at Odisha’s growth story.

As Odisha continues to position itself as an investment magnet in eastern India, Thursday’s successes signal a bright horizon for sustainable development and job creation in the region.


 

Tags: 20200 jobs700 crore pledgesbusiness opportunities OdishaHyderabad investmentsInvestment SummitJob CreationOdisha economyOdisha growth storyOdisha Investors' MeetPragativadi news₹38
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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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