Bhubaneswar: The State Level Single Window Clearance Authority (SLSWCA) has granted approval to 19 transformative projects valued at INR 4,804.35 crore, further solidifying the state’s appeal as an investment destination. Chief Secretary Pradeep Kumar Jena chaired the 125th SLSWCA meeting convened on Thursday.
The approved investments span various sectors, including Apparel and Textiles, Steel Downstream, Paint (Chemical), Plastics, Packaging, Metal Downstream, Chemicals, Food, Beverage, and Allied Sectors, Steel (Ferro Alloys), IT Infrastructure, Agro Processing, Renewable Energy, Circular Economy, and Infrastructure.
These diverse investments are not only poised to enhance Odisha’s manufacturing capabilities but also highlight the region’s abundant mineral resources, metallurgical expertise, and commitment to technological advancements in the IT sector.
Significant progress in the Agro-Industry leverages the state’s cultivation potential across 10 districts, reflecting a comprehensive and widespread industrial development strategy for Odisha.
Welspun Living Limited’s INR 200.00 Crore investment to establish a Textile Facility in Kendrapada is expected to generate 2,000 jobs in the Apparel and Textiles sector, contributing to regional economic growth.
Tata Steel Downstream Products Limited plans to set up a 10,00,000 MT Steel Service Center in Kalinga Nagar, Jajpur, with an investment of INR 735 Crore, promising 335 potential jobs in the Steel Downstream segment.
In the Steel (Ferroalloys) sector, Indian Metals and Ferro Alloys Limited will invest INR 977.43 Crores in Jajpur, creating 1,190 jobs through the production of 2,20,000 MT Ferro Chrome and 20 MW WHRB Power.
Jindal Stainless Limited’s investment of INR 150 Crore in a stainless-steel service center unit in JSL Stainless Steel Park, Jajpur, is expected to create 315 jobs in the Steel industry.
Crackers India Alloys Ltd. plans to invest INR 101.50 crore in setting up a 52,800 MT steel casting mill and rolling mill with ancillary facilities in Barbil, Keonjhar, creating 240 jobs in the steel sector.
Envirocare Infrasolution Pvt Ltd’s INR 100 crore investment in Sundargarh establishes a mild steel strip and pipe manufacturing unit, offering 295 potential jobs in steel downstream.
Rungta Paints Private Limited is set to invest INR 991 Crores in Dhenkanal for a Manufacturing unit, creating 700 jobs in the Paint (Chemical) industry.
Modulus Oleochem and Surfactants Private Limited’s comprehensive Chemical Manufacturing unit in Baliapal Industrial Estate, Balasore, is a Rs 313.51 Crore investment offering employment for 300 individuals.
Transnova Express India Private Limited invests INR 120.39 Crore in a Chemical Hub in Khordha, offering 258 potential jobs.
Berger, along with its ancillary companies, Grow Max India Private Limited and Anupam Products Ltd, will collectively invest INR 54.55 Crore and INR 51 Crore, respectively, creating job opportunities in the Plastics sector and enhancing capabilities in the Packaging, Metal Downstream sector.
Rajshree Polypack Limited and Kesav Plasttech (P) Ltd contribute to the Plastics industry with manufacturing units in Khordha and Rengali Industrial Area, Sambalpur, with a combined investment of INR 102.25 Crore and the potential to generate 554 jobs.
Dhansar Group initiates a Private Freight Terminal (PFT) under PM- Gati Shakti Multi-Modal Terminal scheme in Sundargarh, with an INR 190 Crore investment and the potential to generate 160 jobs in Infrastructure.
Kaibalya Logistics Private Limited invests INR 110 Crore in a Multi-Modal Inland Container Depot (ICD) in Mahakalapada Block of district Kendrapara, providing infrastructure for food products, Export Processing, and Customs Clearing Facilities, with 480 potential jobs.
Ashirbad Food Processing Private Limited is setting up a fully automated flour mill in Jajpur, with an INR 56.35 Crore investment, contributing to the Food, Beverage & Allied Sectors and providing 118 potential jobs.
Summa Real Media Private Limited unveils a Rs 226.57 Crore IT Infrastructure Complex in Khordha, expected to accommodate 10,000 IT professionals.
Vaswani Steel Pvt Ltd is set to establish a 200 KLPD grain-based Ethanol plant in Nuapada, contributing significantly to Agro Processing in the Biju Economic Corridor with an investment of INR 237.80 Crore and generating 150 jobs.
GAIA Neo Energy Private Limited is establishing a Compressed Biogas plant in Dampara, Cuttack, investing INR 87.00 Crore, creating 76 jobs in the Renewable Energy/Circular Economy sector.
These projects, spanning diverse sectors from Apparel & Textiles to Infrastructure, underscore Odisha’s multifaceted growth strategy and steps toward industrial development.
In total, the projects approved at the 125th SLSWCA meeting represent a cumulative investment of INR 4,804.35 Crore, promising potential employment generation of 17,553 jobs across diverse sectors.
Under the leadership of Chief Minister Naveen Patnaik, Odisha is emerging as a magnet for investors worldwide. Their commitment to sustainable and inclusive growth is setting a high standard for development, transforming Odisha into an industrial powerhouse that creates jobs and prosperity.