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Govt nod to 17 projects worth Rs 3,878cr in 11 districts
Govt nod to 17 projects worth Rs 3,878cr in 11 districts

Time of India

timea day ago

  • Business
  • Time of India

Govt nod to 17 projects worth Rs 3,878cr in 11 districts

1 2 3 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 Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 임플란트 최대 할인 지원해드려요 임플란터 더 알아보기 Undo 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." Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .

Odisha govt approves 19 projects worth Rs 3.8K cr
Odisha govt approves 19 projects worth Rs 3.8K cr

Hans India

time04-05-2025

  • Business
  • Hans India

Odisha govt approves 19 projects worth Rs 3.8K cr

Bhubaneswar: The Odisha government on Friday approved 19 projects worth Rs 3,898 crore, which are expected to generate employment for over 7,400 people. According to an official statement, the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Manoj Ahuja, has given its nod to the proposals spanning various sectors such as steel, iron & ferro alloys, industrial gases, logistics, food and beverage, agro-processing, tourism and hospitality, chemicals, metal downstream and apparel and textile. The projects are proposed to be grounded in Angul, Balasore, Cuttack, Dhenkanal, Ganjam, Jajpur, Keonjhar, Khurda, Koraput, Sambalpur and State has approved the proposal of Sree Metaliks Limited to expand its integrated steel plant in Keonjhar with an investment of Rs 885 proposal of Tata Steel to enhance its crude steel capacity from the proposed 6.5 million tonne per annum (MTPA) to 7.1 MTPA with an additional investment of Rs 700 crore was also green-lighted by the panel. Lal Baba Seamless Tubes Private Limited proposed to establish a precision tube manufacturing facility in Cuttack with an investment of Rs 200 crore while Surlon India Limited will set up a railway component manufacturing unit in Sundargarh for Rs 55 crore. Both projects were approved by Odisha government, the statement said. Among others, the SLSWCA also approved the proposals of Linde India Limited (Rs 425 crore), Bhuvaneshwari Foods & Beverages Private Limited (Rs 300 crore), ACME Clean Energy Private Limited (Rs 366.50 crore), and Vasanth Vihar Constructions ( Rs 134.50 crore).

Odisha government clears 19 industrial projects worth over Rs 3,898 crore
Odisha government clears 19 industrial projects worth over Rs 3,898 crore

New Indian Express

time03-05-2025

  • Business
  • New Indian Express

Odisha government clears 19 industrial projects worth over Rs 3,898 crore

BHUBANESWAR: The state-level single window clearance authority (SLSWCA) headed by chief secretary Manoj Ahuja on Friday approved 19 investment projects worth around Rs 3,898.54 crore which are expected to generate 7,464 employment opportunities. The SLSWCA cleared proposals spanning a diverse range of high-impact sectors, including steel, iron and ferro alloys, industrial gases, logistics, food and beverage, agro-processing, tourism and hospitality, chemicals, metal downstream, and apparel and textile. The investments will be made in 11 districts - Angul, Balasore, Cuttack, Dhenkanal, Ganjam, Jajpur, Keonjhar, Khurda, Koraput, Sambalpur and Sundargarh - ensuring balanced regional development and inclusive economic growth. The steel, iron and ferro alloys sector witnessed a major thrust with four investment proposals worth Rs 1,840 crore getting the nod of the state government. TATA Steel is set to enhance its crude steel capacity from the proposed 6.5 MTPA to 7.1 MTPA, with an additional investment of Rs 700 crore in Dhenkanal district. In Keonjhar, Sree Metaliks Ltd will invest Rs 885 crore to expand its integrated steel plant. Lal Baba Seamless Tubes Pvt Ltd has planned to establish a Rs 200 crore precision tube manufacturing facility in Cuttack, while Surlon India Ltd will invest Rs 55 crore for a railway component manufacturing unit in Sundargarh district. In a significant development for the industrial gases segment, Linde India Ltd is set to invest Rs 425 crore for a state-of-the-art air separation unit in Jajpur. The facility will have an annual production capacity of over 12 lakh tonnes of industrial gases. In logistics, ACME Clean Energy Pvt Ltd will develop a jetty-less floating terminal in Ganjam with an investment of Rs 366.5 crore. Vasanth Vihar Constructions will invest Rs 134.50 crore and establish a logistics park in Khurda. Bhuvaneshwari Foods and Beverages Pvt Ltd will invest Rs 300 crore to set up a beverages unit in Khurda.

Odisha govt clears Rs 3,898 cr investment projects to create 7,400 jobs
Odisha govt clears Rs 3,898 cr investment projects to create 7,400 jobs

Business Standard

time02-05-2025

  • Business
  • Business Standard

Odisha govt clears Rs 3,898 cr investment projects to create 7,400 jobs

The Odisha government on Friday approved 19 projects worth Rs 3,898 crore, which are expected to generate employment for over 7,400 people. According to an official statement, the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Manoj Ahuja, has given its nod to the proposals spanning various sectors such as steel, iron & ferro alloys, industrial gases, logistics, food and beverage, agro-processing, tourism and hospitality, chemicals, metal downstream, and apparel and textile. The projects are proposed to be grounded in Angul, Balasore, Cuttack, Dhenkanal, Ganjam, Jajpur, Keonjhar, Khurda, Koraput, Sambalpur and Sundargarh, it said. The state has approved the proposal of Sree Metaliks Limited to expand its integrated steel plant in Keonjhar with an investment of Rs 885 crore, it said. The proposal of Tata Steel to enhance its crude steel capacity from the proposed 6.5 million tonne per annum (MTPA) to 7.1 MTPA with an additional investment of Rs 700 crore was also green-lighted by the panel. Lal Baba Seamless Tubes Pvt Ltd proposed to establish a precision tube manufacturing facility in Cuttack with an investment of Rs 200 crore while Surlon India Ltd will set up a railway component manufacturing unit in Sundargarh for Rs 55 crore. Both projects were approved by the Odisha government, the statement said. Among others, the SLSWCA also approved the proposals of Linde India Ltd (Rs 425 crore), Bhuvaneshwari Foods & Beverages Pvt Ltd (Rs 300 crore), ACME Clean Energy Pvt Ltd (Rs 366.50 crore), and Vasanth Vihar Constructions ( Rs 134.50 crore). (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Govt approves 19 projects worth Rs 3,898cr, to create 7,464 jobs
Govt approves 19 projects worth Rs 3,898cr, to create 7,464 jobs

Time of India

time02-05-2025

  • Business
  • Time of India

Govt approves 19 projects worth Rs 3,898cr, to create 7,464 jobs

Bhubaneswar: The 136th meeting of the state-level single window clearance authority (SLSWCA), chaired by chief secretary Manoj Ahuja, on Friday approved 19 major projects at an investment of Rs 3,898.54 crore, marking a significant boost to the industrial landscape. Tired of too many ads? go ad free now The approved projects, spanning 11 districts, are expected to generate 7,464 jobs across various sectors, including steel, industrial gases, logistics and tourism. In a major development, Tata Steel will invest Rs 700 crore to increase its crude steel capacity from 6.5 MTPA (million tonnes per annum) to 7.1 MTPA, creating 375 new jobs. Sree Metaliks Limited plans an Rs 885 crore expansion of its integrated steel plant in Keonjhar, promising 950 jobs. The industrial gas segment will see the entry of Linde India Ltd investing Rs 425 crore in Jajpur for a new air separation unit with an annual capacity of 12 lakh metric tonnes. The beverages sector will welcome a manufacturing unit of Bhuvaneshwari Foods & Beverages in Khurda at an investment of Rs 300 crore, expected to create employment for 820 people. The tourism sector has attracted six major projects, including luxury resorts and 4-star hotels, with a combined investment of over Rs 500 crore. These projects will create around 1,448 jobs across Khurda, Ganjam, Angul and Koraput. Notable investments in other sectors include ACME Clean Energy's floating terminal at Rs 366.50 crore in Ganjam and a Rs 100 crore textile processing unit of Shree Sidhi Vinayak Texcolours in Khurda. The Khurda unit is expected to create 1,070 jobs. "These investments align with the state govt's vision of 'Samruddh Odisha by 2036' and demonstrate the state's growing appeal as an investment destination," read a govt statement. The projects will be implemented across Angul, Balasore, Cuttack, Dhenkanal, Ganjam, Jajpur, Keonjhar, Khurda, Koraput, Sambalpur and Sundargarh districts, ensuring balanced regional development.|

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