Bhubaneswar: The Odisha Government has approved 31 innovative projects, collectively valued at Rs 4,954.26 crore.
The projects were approved at the 131st State level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary Manoj Ahuja, on Tuesday night.
These investments span various sectors and are set to transform Odisha’s economic landscape, reinforcing its status as a leading investment destination.
The approved projects are expected to create approximately 24,162 new job opportunities, contributing to the region’s overall economic development and employment growth.
The SLSWCA approved a series of projects spanning various sectors, including Mechanical & Electrical Capital Goods, Food Processing, Packaging, Apparel & Textiles, Biofuel, Green Energy Equipment, ESDM, Steel (Ancillary), Non-Metallic Mineral Products (Refractory Products), Steel (Downstream), Plastics, Food, Beverage & Allied Sectors, Agro Processing, Tourism, Power & Renewable Energy, and Pharmaceutical.
The projects will be implemented across 18 districts of the state.
Official sources said in the steel (ancillary and downstream) sector, Calderys India Refractories Limited will invest Rs 698.71 crore in a manufacturing facility for various refractory products.
In the metal ancillary & downstream sector, Neptunus Ship Builders & Recyclers Private Limited will establish an integrated ship recycling industry with an investment of Rs 934.54 crore.
The Hindalco Industries Ltd. will invest Rs 294.00 crore in a 60 MW captive ground-mounted solar power plant in the power & renewable energy sector.
In the tourism sector, SNM Hotel and Resorts Private Limited will develop a hotel cum resort in Puri with an investment of Rs 212.25 crore, while Mayfair Hotels & Resorts Ltd will augment its facilities at Paradip Panthanivas, investing Rs 105.00 crore, and GM Infra-Tech Ltd will expand a proposed resort in Koraput with an investment of Rs 81.11 crore.
In the mechanical and electrical capital goods sector, Polimiroir India Private Limited will manufacture, coat, and service industrial steel rollers with a capacity of 3,000 units per annum, investing Rs 128.00 crore.
Danieli India Limited will establish a manufacturing facility at a cost of Rs.190.00 crore, while Parth Electricals and Engineering Private Limited will focus on electrical equipment manufacturing with an investment of Rs 51.00 crore.
In the food processing sector, Bisleri International Private Limited is setting up a beverage manufacturing unit with an investment of Rs 95.00 crore, Jay Bharat Spices Private Limited will establish a corn starch manufacturing unit with a capacity of 68,000 MTPA, investing Rs 50.00 crore.
Shalimar Glass Works Private Limited will develop a packaging container glass manufacturing unit with an annual capacity of 1,09,500 MT, investing Rs 75.54 crore in the packaging sector.
In the apparel & textiles sector, FM Denim and Twills Pvt. Ltd. will establish a denim textile and garment manufacturing unit, investing Rs 130.00 crore while Tripathaga Textiles will create a readymade garment manufacturing unit with a budget of Rs 53.00 crore.
Bharat Petroleum Corporation Limited will invest Rs 200 crore in a compressed biogas and fermented organic manure plant, and Reliance Bio Energy Limited will set up two plants—one in Sonepur and another in Sambalpur—each with an investment of Rs 121.21 crore.
In the green energy equipment & ESDM sector, Surya International Enterprise Pvt.Ltd will be investing. Rs 80 crore in manufacturing solar modules and related products, Mogli Labs India Pvt. Ltd will establish an aluminium cable and wire manufacturing plant in Angul,at an investment of Rs 65.00 crore in the downstream-aluminium sector.
Nawneet Marketing Pvt Ltd will establish an HR/CR coil processing unit and tube manufacturing unit in Jajpur, costing Rs 85.14 crore, while Gajanan Prabhu Saw Pipes Private Limited will invest Rs 80 crore in a spiral welded pipe manufacturing unit.
