Odisha approves 11 industrial projects worth Rs.3266 crores

Bhubaneswar, July 11 (FN Representative) as many as eleven Industrial Projects worth Rs.3266 crore were approved at the Odisha State Level Single Window Clearance Authority (SLSWCA) meeting here on Monday. The authority chaired by Chief Secretary Pradeep Jena, granted approval to these eleven industrial projects which would generate 9,146 employment opportunities for the people of Odisha. The Projects spread across diverse sectors like Metal Downstream and Ancillary, Chemicals, Food Processing, Agro Processing, Plastics, Textiles Apparel, IT & ESDM, and Renewable Energy received approvals in the meeting Official sources said these approved projects will be set up across various parts of the State including Balasore, Bolangir, Kalhandi,Khurda,and Jajpur districts.

The State has attracted one of the leading multinational companies in the food-processing sector in the form of Nestlé India Limited. Nestle will be setting up a food processing unit with an investment of over Rs 890 crores providing employment to over 800 people. In the Textiles & Apparel sector, M/s. Colortone Garments Pvt Ltd (a subsidiary of First Step Baby- Wear), the 2nd largest baby-wear manufacturer in India is setting up an integrated apparel manufacturing facility along with 1.2 MW Rooftop captive solar power plant with an investment of over Rs 200 crores . Similarly, a marquee name in the chemicals sector, Himadri Speciality Chemical Limited also received approval to set up their first chemical manufacturing unit in Odisha with an investment of over Rs 980 crores. The meeting approved the proposal of the IDVB Recycling Operations Pvt Ltd. To set up a new unit of recycled pet flakes and recycled pet resin products having an annual capacity of 63,000 MT with an investment of Rs 318 crores.

Purv Packaging Pvt Ltd got the approval to set up a new manufacturing unit for Plastic caps, Pet preforms and other allied products, having an annual capacity of 1,017.70 Million Pcs with an investment of Rs 152 Crores The RDB Rasayans Ltd. received the nod to establish a new manufacturing unit for Flexible intermediate bulk containers and other allied products, having annual capacity of 6,000MT with an investment of Rs 59 crores The SLSWCA also approved another two projects in the Metal Downstream and Ancillary sectors. The projects of Beekay Utkal Steel Private Limited and IFGL Refractories Limited were approved with an investment of over Rs 260 Crores. The committee gave the nod to one project by Nisum Consulting Private Limited with an investment of Rs.200 crores to set up a software development centre facility .