Bhubaneswar, Sep 29 (SocialNews.XYZ) Odisha Government on Tuesday approved 19 industrial investment proposals totalling Rs 3,280.58 crore, with the proposals potentially generating 10,661 employment opportunities.
The 150th State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Odisha Chief Secretary Anu Garg, accorded the approvals in Bhubaneswar.
In an official statement, the state government said the approvals mark another step toward strengthening Odisha's diversified industrial ecosystem, promoting value-added manufacturing, and creating employment opportunities across sectors and regions.
The approved projects represent a diverse portfolio spanning Textiles & Apparel & Technical Textiles, Food Processing, Steel Downstream, Global Capability Centres, Biofuel, Chemicals & Chemical Products, Circular Economy, Plastics and Tourism.
"The investments reflect the State's continued focus on attracting quality investments across both traditional industries and emerging sectors, while supporting balanced regional development," claimed the state govt.
The projects will be implemented across multiple districts of Odisha, including Anugola, Debagada, Ganjam, Jagatsinghpur, Jharsuguda, Kataka, Khordha, Koraput, Puri, Sundargada, with one biofuel project proposed across eight districts-Baleshwar, Balangir, Baragada, Ganjam, Kalahandi, Kendujhar, Mayurbhanj and Subarnapur.
According to the official statement, the Biofuel sector has received significant investment interest. Indian Oil Corporation Limited, the country's largest integrated and diversified energy company under the Ministry of Petroleum and Natural Gas, will establish 39,600 TPA Compressed Bio Gas manufacturing facilities across eight districts: Baleshwar, Balangir, Baragada, Ganjam, Kalahandi, Kendujhar, Mayurbhanj and Subarnapur with an investment of Rs 960 crore, generating 760 jobs.
Similarly, in the Plastics sector, Shri Dakshineshwari Maa Polyfabs Limited will establish a facility in Khordha to manufacture 40,000 MT of PP woven and non-woven fabric and bags. The project involves an investment of Rs 401.63 crore and is expected to generate 490 employment opportunities. The Tourism sector has received five major project approvals across Ganjam, Jharsuguda, Koraput and Puri.
In the Textiles, Apparel and Technical Textiles sector, Dollar Industries will establish an integrated hosiery manufacturing unit in Khordha, covering finished hosiery, knitting fabrics, bleaching and dyeing, with an investment of Rs 125 crore, generating 1,185 employment opportunities.
"The approvals at the 150th Single Window Clearance meeting reflect the growing diversity of Odisha's investment landscape. Our focus is not only on attracting investments, but also on creating productive employment and strengthening industrial ecosystems across regions. We are encouraging investments that add value to local resources, build supply chains and create sustainable economic opportunities. Through continued facilitation and coordinated clearances, the State remains committed to helping investors move efficiently from proposal to implementation," said Chief Secretary Garg.
Source: IANS
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