Odisha Government Greenlights 22 Investment Projects Worth ₹3,855 Crore, Projected to Create 7,765 Jobs - Odisha Pulse
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Odisha Government Greenlights 22 Investment Projects Worth ₹3,855 Crore, Projected to Create 7,765 Jobs

Odisha Government Greenlights 22 Investment Projects Worth ₹3,855 Crore, Projected to Create 7,765 Jobs

Bhubaneswar: On Thursday, the Odisha government authorized 22 industrial investment proposals amounting to ₹3,855 crore, with expectations to generate 7,765 jobs, according to officials.

The State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Anu Garg, approved these proposals as stated in an official announcement.

The initiatives cover 11 sectors, including tourism, biofuel, manufacturing, aerospace and defense, chemicals and petrochemicals, infrastructure, plastics, pharmaceuticals, global competency centers, steel, and paper packaging.

These projects are set to be developed across 12 districts: Anugola, Baleshwar, Bhadrak, Kataka, Ganjam, Jajpur, Jharsuguda, Khordha, Nayagada, Puri, Sambalpur, and Sundaragada, as outlined in the statement.

Among the approved projects are seven tourism initiatives with a collective investment of ₹1,035.62 crore and three biofuel projects totaling ₹680 crore.

The panel also greenlit a project in the plastics sector valued at ₹529.91 crore, along with two manufacturing projects worth ₹251 crore.

Additionally, the authority approved two investment proposals in the aerospace and defense sectors totaling ₹117 crore, two chemical and petrochemical projects amounting to ₹225 crore, one infrastructure initiative worth ₹209.35 crore, a pharmaceutical project at ₹152.69 crore, and one steel downstream project costing ₹72.81 crore.

The establishment of a Global Competency Centre in Khurda district, with an investment of ₹82 crore, was also approved by the government.

Furthermore, a paper and packaging facility is planned for Nayagarh district, with an investment of ₹529.91 crore, aimed at producing caps and closures for bottled beverages, according to the government.

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