
Odisha achieves unprecedented investment of Rs. 1.5 lakh crore in five months: Majhi
Bhubaneswar, June 5 (UNI) Odisha has achieved an unprecedented investment of about Rs. 1.5 lakh crore in the last five months, Chief Minister Mohan Charan Majhi said.
Majhi, who laid the foundation stone for projects worth over Rs. 28,000 crore covering 12 industries during his visit to Ganjam district on Thursday, said that the ambitious goal set for Odisha's bright future will be fulfilled.
He added that the foundation stone for industries worth Rs. 70,000 crore was laid in Jajpur Kalinga Nagar. On Wednesday, the foundation stone for industries worth Rs. 50,000 crore was laid in Dhenkanal. Today, an industry worth about Rs. 30,000 crore will be established in the Ganjam district.
The Chief Minister said that with investments in green hydrogen, chemicals, and renewable energy, Ganjam district is now setting a new benchmark in industrialization, creating opportunities for 15,000 jobs.
Ganjam district, he said, has achieved a new milestone in the industrial sector, which will open a path of prosperity for the region.
Majhi also stated that the government's goal is to develop port-based industries in Odisha. In addition to the three existing ports, three to four more ports will also be established.
The Chief Minister noted that the central government has approved projects worth about Rs. 1 lakh crore in the railway and highway sectors.
He emphasized that in Odisha, 75,000 kilometer of world-class roads will be built. Along with this, several industrial corridors will also be developed to meet the state's industrial growth needs.
UNI DP BD

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
16 minutes ago
- Time of India
STPI-Hyderabad clocks Rs 1.4L cr software exports in FY 24-25
Hyderabad: IT units registered under Software Technology Parks of India (STPI) Hyderabad clocked software exports of around Rs 1,42,591 crore in the FY 2024-25, STPI director general Arvind Kumar said on Saturday on the occasion of STPI's 34th foundation day. STPI Hyderabad, which has a total workspace of 1.35 lakh sq ft under its purview, includes the main centre in Hyderabad and five sub-centres at Kakinada, Tirupati, Vijayawada, Visakhapatnam, and Warangal. "In 2024-25, the exports done by STPI registered units across India reached over Rs 10 lakh crore," the STPI director general said, pointing out that STPI, which started in 1991 with just three centres, today has 67 centres across the country, including 59 in tier-II and tier-III cities. It is now working on dispersing the IT industry to tier-II and tier-III cities of the country to ensure inclusive growth, he said. He said STPI is also nurturing the tech startup ecosystem in the country through 24 centres of excellence (CoEs) and the Next Generation Incubation Scheme (NGIS) and has supported over 1,400 startups. "Startups empowered through the STPI ecosystem have raised funds of over Rs 574 crore from investors so far," he said, adding that 44% of startups under STPI's umbrella are led by women entrepreneurs, many of whom are from small-town India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mix 4 Kitchen Ingredients, Wake Up Thinner Every Morning Vinegar Health Learn More Undo STPI Hyderabad also houses two of these STPI CoEs — IMAGE and Kalpataru. While IMAGE is dedicated to gaming, animation, VFX, computer vision, and AI and operates from a 10,000 sq ft facility, Kalpataru is focused on Industry 4.0 and provides infrastructure, mentorship, funding access, and go-to-market support to promote tech-led manufacturing and the 'Make in India' vision. IMAGE and Kalpataru CoEs have successfully nurtured 92 and 42 startups, respectively, so far, he said. STPI offers India's tech industry 17 lakh sq ft of workspace, five Tier-3 data centres, state-of-the-art labs, SAYUJ - Startup Community Network, Ananta - STPI Cloud Services, and schemes such as BPO Promotion Schemes and Electronics Manufacturing Cluster (EMC). Set up on June 5, 1991, under the Societies Registration Act, 1860, STPI functions under the Union Ministry of Electronics & IT (MeitY) and implements the Software Technology Park (STP) and Electronics Hardware Technology Park (EHTP) schemes.


Time of India
16 minutes ago
- Time of India
Promised 200% profit on investment, 2 duped of 3cr
Mumbai: The west region cyber police are probing two cases where complainants were lured with high returns in online share trading leading to a loss of Rs 3 crore. In the first case, a transport businessman lost over Rs 2 crore when he joined a WhatsApp group. He sent money to various bank accounts provided by a woman. In the second case, a 50-year-old man, working for a start-up, lost over Rs 40 lakh after the same set of accused duped him of Rs 41 lakh. The businessman received a WhatsApp message with the name of a known share trading company. The message sender communicated with him in a highly professional manner. The accused added the businessman to two WhatsApp groups. A woman, Sharon Trivedi, and Mehul Goyal, among others, were group admins. The accused sent him a link and made him download an app. The group admins lured him by saying he would get a 200% profit if he traded through their app. The accused gave him bank account numbers and Trivedi asked him to deposit money. He transferred money and could see his investment and profit in the app. In 12 transactions, he sent a total of Rs 2.53 crore. When he tried to withdraw money he couldn't. Trivedi told him to deposit Rs 2 crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo He realised it was a fraud and went to the police. In the second case, the complainant told police he saw an ad about online share trading. He clicked a link and was added to a WhatsApp group whose admins were Goyal, Trivedi, and others. He was asked to download an app for trading and given bank accounts to transfer money for trading. Two days after he started sending money, he tried to withdraw money and could withdraw Rs 100. Later, he sent Rs 40.54 lakh. On May 20, Trivedi told him that the value of his investment was Rs 2.18 crore and said she had subscribed to an IPOfor Rs 3.09 crore for him. She asked him to pay Rs 91.55 lakh more. He said he didn't have money and asked her to return his investment, but she refused.


Time of India
16 minutes ago
- Time of India
SJTA raises prices of dismantled chariot wheels, components
1 2 3 Bhubaneswar: Shree Jagannath Temple Administration (SJTA) on Saturday released a new standard operating procedure (SOP) for sale of dismantled components of the three chariots after Rath Yatra in Puri. The SJTA also revised the prices of the chariot wheels. As per the new SOP, a wheel of Lord Jagannath's Nandighosh chariot is now priced at Rs 3 lakh each, which was Rs 1 lakh earlier. Similarly, the wheel of Lord Balabhadra's Taladhwaja chariot is priced at Rs 2 lakh, and the wheel of Devi Subhadra's Darpadalana chariot is fixed at Rs 1.5 lakh, official sources said. Prices of the wheels of Taladhwaja and Darpadalana chariots were earlier Rs 60,000 and Rs 50,000, respectively. Purchasing a complete set of wheels from all three chariots will cost around Rs 6 lakh. Earlier, one had to pay Rs 2 lakh to buy one wheel from each chariot. Among other components, the Guja and Ansuri parts are priced at Rs 15,000 each, and the Prabha is priced at Rs 25,000 each. From selling last year's chariot components, including wheels, the SJTA received Rs 55 lakh. "We received an overwhelming response for selling the chariot components for the Rath Yatra last year and expect a similar response this year too," said Debabrata Sahoo, deputy administrator of SJTA. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo "Increasing the price is fine but a three-fold rise seems too much. People buy the components for their love and devotion to the deities, so they should be given at an affordable price," said Ratnakar Subuddhi, a devotee. Official sources said interested buyers must apply to the temple administration by Sept 15, along with an application fee of Rs 1,000. After they are selected to buy the chariot parts, they must deposit the amount within a week after receiving information from SJTA about the allotment. If an applicant fails to deposit the amount within a week, the next eligible applicant will be considered.