Bhubaneswar, Jan 25 (FN Representative) The Odisha government has approved investments worth Rs 32,736 crore across eight transformative industrial projects. These projects, spanning sectors such as chemicals, green energy equipment, shipbuilding and repair, and steel, received approval at the 39th High-Level Clearance Authority (HLCA) meeting ahead of the Make in Odisha Conclave, scheduled to be held over two days from January 28. According to official sources, these projects are expected to generate employment for over 18,688 individuals, reinforcing Odisha’s industrial and economic foundation. The success of various roadshows organised by the state in cities like Delhi, Mumbai, and Singapore has sparked significant investor interest, with several companies now keen to invest in Odisha. As a direct result of these efforts, the state has approved major projects, reflecting the growing confidence of businesses in Odisha’s industrial landscape.
Speaking on the occasion, Chief Minister Mohan Charan Majhi said. “The approval of these major projects ahead of Utkarsh Odisha 2025 is a testament to our state’s growing industrial strength,’ he stated. These investments will create thousands of jobs and directly benefit the people of Odisha. ‘Our focus is to ensure that Odisha remains a top investment destination, driving progress and prosperity for our people,’ the Chief Minister said. The approved projects are spread across key districts, including Khurda, Jagatsinghpur, Ganjam, Sambalpur, and Bhadrak, strengthening Odisha’s industrial base. The HLCA meeting highlights the state’s commitment to innovation and sustainability, promising a positive impact on the economy. With these projects, Odisha is entering a new phase of industrial growth, further establishing itself as a major player in India’s economic development.
Utkarsh Odisha 2025 aims to build on this momentum, focusing on innovation, sustainability, and job creation, according to the Chief Minister’s Office (CMO). Some of the major projects approved at the meeting include: A manufacturing facility for solar modules (6.9 GW) and solar photovoltaic cells (6.9 GW) by Kshoma Green Energy Technologies Ltd, with an investment of Rs.6,948 crore. A manufacturing unit for polycarbonate by Dhunseri Ventures Limited, with an investment of Rs.6,250 crore. Shipbuilding, ship repair, and integrated offshore facilities by United Petro Shipping Pte Limited, with an investment of Rs.5,637.50 crore. A unit for phosphorus derivatives and green hydrogen-based fuel by UPL Ltd, with an investment of Rs.4,001 crore. A chemical complex with an annual capacity of 7,15,000 MT by DCM Shriram Ltd, with an investment of Rs.5,200 crore. An electro-deposited (ED) copper foil unit for manufacturing anodes for lithium EV batteries by Hindalco Industries Limited, with an investment of Rs.2,000 crore. A manufacturing facility for solar cells, aluminum frames, and solar panels by FS Green Energies Pvt. Ltd., with an investment of Rs.1,500 crore. These approvals underscore Odisha’s growing prominence as a hub for industrial development and innovation, the Chief Minister’s Office (CMO) said.