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Govt nod to 17 projects worth Rs 3,878cr in 11 districts
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Bhubaneswar: State govt on Friday approved 17 industrial projects worth Rs 3,878.86 crore, expected to create 10,584 jobs across 11 districts.
The approval came during the 137th state level single window clearance authority (SLSWCA) meeting chaired by chief secretary Manoj Ahuja.
The investments span multiple sectors including plastics, textiles, electronics, food processing, power, tourism, logistics, chemicals, and steel, marking a significant milestone in chief minister Mohan Charan Majhi's first year in office.
The major projects cleared include MAS India Clothing Private Limited's plan to invest Rs 885 crore in Khurda for a textile processing mill, creating 1,700 jobs and Greenwave Circularity's Rs 650.23 crore recycling facility in Khurda.
The authortiy also gave its nod for investment proposal of Isolloyd Engineering Technologies to set up a Rs 51 crore ceramic fibre manufacturing unit in Jajpur, besides projects from Supreme Industries, Lucro Plastecycle, among others.
The panel also approved the proposal of Heraeus Technologies to establish a Rs 188.46 crore sensor manufacturing unit and Addsoft Technologies' Rs 112 crore facility for LED TVs and IoT devices.
by Taboola
by Taboola
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Other significant projects include Iron Triangle's Rs 310.75 crore battery storage system in Balangir, a Rs 400 crore integrated steel plant expansion of Samaleshwari Ferrometals and two major logistics projects worth Rs 436.20 crore.
"These investments reflect investor confidence in Odisha's industrial ecosystem," said Ahuja. "The projects will strengthen our manufacturing base while creating substantial employment opportunities."
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