Odisha approves two investment proposals worth Rs 563 crore

Bhubaneswar:  The Odisha Government on Friday approved two investment proposals worth Rs 563 crore in the 90th State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Asit Tripathy.
The proposals will create employment opportunities for 1,273 people. The projects were approved in plastics, downstream aluminium, among others.
Industries Department Commissioner-cum-Secretary Hemant Sharma outlined the project proposals for consideration.
The SLSWCA approved the proposal of Glen Industries Pvt Ltd to set up Plastic Food Containers and Moulded Paper products manufacturing unit with annual capacity of 9261 MT, with a total investment of Rs 63 crore andproviding employment to about 273 people.
Similarly, in a big boost to the State’s Aluminium Downstream sector, the SLSWCA has also been approved the proposal of Jindal Aluminium Limited to set up an expansion for setting up 75,000 MT/annum Aluminium Extrusions plant with additional investment of Rs 500crore of capacity and it will provide an additional employment opportunities for 1000 people.

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