Odisha: CM launches 19 industrial projects worth Rs 1,650 crore 


Bhubaneswar, February 17: Chief Minister Naveen Patnaik on Friday initiated the 16th phase of inauguration and ground-breaking for 19 projects in the State through video conferencing. While two projects were inaugurated, ground breaking for 17 was organised.

The investment intent for these projects was received during MIO Conclave 2022. At an investment of Rs 1,650 crore, 4,500 plus employment opportunities are expected to be generated from these 19 projects across sectors like plastic, sea food processing, manufacturing, tourism, IT and ESDM, refractory, agro and food processing, pharmaceuticals and steel downstream.

The Chief Minister assured to provide required support to the investors looking to explore Odisha as a potential investment destination and also provide the best of opportunities for its people to grow.

In the plastic sector, two projects were inaugurated, namely Supreme Industries Ltd, and Ashirvad Pipes Private Limited. These projects are located in Cuttack. A total of 470 employment opportunities are expected to be generated from the projects which fall under the plastic segment.

In the food processing sector, the Government initiated the ground-breaking for six projects namely Sao Breweries and Distilleries Private Limited, Indian Potash Ltd, Globus Spirits Ltd, Oriclean Private Limited, Amrit Dhara Nutrifoods LLP and DN Sea Shells Pvt. Ltd. which together are expected to provide 1,459 employment opportunities. The segment saw a total investment of Rs 803.6 crore.

In the manufacturing segment the Government initiated the ground-breaking for three projects. From setting up of manufacturing unit for modular kitchen, workstation etc to that of PET Preforms and Closures for the F&B industries, the State accommodated projects of various magnitudes under the same segment.

The manufacturing sector witnessed an investment of Rs 293.34 crore and is likely to generate 243 employment opportunities for the youth of the State.

The ground breaking ceremony was also held for Incture Technologies Pvt Ltd in the IT & EDSM segment and for Mayfair Hotels & Resorts Ltd, Aspen Lake Suites LLP and Luxurio Assets Private Limited in the tourism segment. Mayfair Hotels & Resorts Ltd will expand their existing resort franchise to Gopalpur and Ganjam.

On the other hand, Aspen Lake Suites LLP will set-up their five-star resort facility in Barkul, Chilika, Khurda. Luxurio Assets Private Limited is also expected to come up with their resort facility in Gopalpur and Ganjam. In terms of investments, the IT & EDSM garnered a total investment of Rs 46.79 crore while the tourism sector secured a total investment of Rs 203.73 crore.

In the steel downstream sector, JSE Infotech Pvt. Ltd. and Nilachal Engineers will invest a total amount of Rs 12.78 crore and they are jointly expected to generate 160 employment opportunities.

The projects are coming up in Ramdaspur, Cuttack and in Jaymangal, Khurda respectively. Ramdaspur, Cuttack has also been chosen as the destination for JMS Medicon which has invested Rs 21.44 crore and is expected to generate 203 employment opportunities. IFGL Refractories Limited which will invest Rs 66.27 crore also witnessed their ground-breaking ceremony today.

Industries Minister Pratap Deb, Chief Secretary Suresh Chandra Mohapatra, Development Commissioner (I/c) Anu Garg, ACS (Tourism) Surendra Kumar, Industries department Principal Secretary Hemant Sharma, IPICOL and IDCO MD Bhupinder Singh Punia also graced the occasion.

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