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Diversification, policy reforms aid Odisha's industrial progress: CM
Diversification, policy reforms aid Odisha's industrial progress: CM

Time of India

time8 hours ago

  • Business
  • Time of India

Diversification, policy reforms aid Odisha's industrial progress: CM

1 2 3 4 Bhubaneswar: Ahead of the BJP govt's one-year anniversary, chief minister Mohan Charan Majhi on Sunday said that Odisha is becoming a "diversified industrial powerhouse" and a top investment destination in the country by not just approving investments worth Rs 4.5 lakh crore but also successfully grounding projects worth Rs 1.78 lakh crore. "Odisha is no longer just a minerals and metals hub. We are becoming a diversified industrial powerhouse, where opportunity flows from port to plant, and from cities to every aspirational district," the CM said during a meeting with leading industrialists and entrepreneurs in the city. "We are not merely sanctioning projects; we are grounding them. We are not making promises; we are delivering results — at scale, with speed, and with purpose," Majhi said. Mapping the industrial growth story, he said, "In just one year, we approved over 200 large and mega projects. Odisha now stands for credibility, competitiveness and commitment to progress." The CM said industries are diversifying from minerals and metals to green energy, agro-processing, technical textiles and shipbuilding, with investments flowing into 20 sectors. He attributed the success to proactive policy push like outcome-based governance and a "whole-of-govt model" that emphasises seamless coordination between departments and agencies. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 오스템 임플란트 받아가세요 임플란터 더 알아보기 Undo Roadshows in Delhi, Mumbai and Singapore have pitched Odisha as a hub for chemical, electronics, capital goods and advanced manufacturing, while two major events, Pravasi Bharatiya Divas and Utkarsh Odisha — Make in Odisha Conclave-2025, attracted global attention and industrial giants expanding the state's economic footprint, Majhi said. Majhi also spoke about the ambitious vision for 'Samruddha Odisha' by 2036, aligning with the centenary celebration of formation of the state. He outlined four key priorities in the upcoming year, including the launch of new policies targeting emerging and sunrise sectors, expansion of land banks, logistics corridors and critical infrastructure. He emphasised revamping the single-window system with digital-first project tracking and simplification of regulatory compliances to speed up approvals and encourage entrepreneurship. To support industrial labour, the state is developing 13 workers' hostels and modernising seven industrial estates with plug-and-play infrastructure. Furthermore, 30 MSME parks and 8 new industrial areas have been initiated to empower small enterprises and entrepreneurs. Industries minister Sampad Chandra Swain, MSME minister Gokulananda Mallik, development commissioner Anu Garg, and senior officers, among others, attended the event.

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