Odisha approves 19 projects worth Rs 4,804.35 crore


Bhubaneswar, December 7: The 125th State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Pradeep Jena approved 19 transformative projects worth Rs 4,804.35 crore, with an employment potential for 17,553 persons.

The significant investments are in key sectors such as Apparel & Textiles, Steel Downstream, Paint (Chemical), Plastics, Packaging/Metal Downstream, Chemicals, Food, Beverage & Allied Sectors, Steel (Ferroalloys), IT Infrastructure, Agro Processing, Renewable Energy/Circular Economy, and Infrastructure.

The Agro Industry has seen notable advancements, tapping into the State’s cultivation potential. Spread across 10 districts, these strategic investments reflect a comprehensive and widespread industrial development strategy for Odisha.

The Welspun Living Limited is investing Rs 200 crore to establish a Textile Facility in Kendrapada, creating 2,000 jobs in the Apparel and Textiles sector, enhancing regional economic growth.

The Tata Steel Downstream Products Limited will set up a 10,00,000 MT Steel Service Center in Kalinga Nagar, Jajpur, in the Steel Downstream segment. With an Rs 735 crore investment, it promises 335 potential jobs.

In the Steel (Ferroalloys) sector, Indian Metals and Ferro Alloys Limited invests Rs 977.43 crore in Jajpur to produce 2,20,000 MT Ferro Chrome and 20 MW WHRB Power, creating 1,190 jobs.

The Jindal Stainless Limited is establishing a stainless-steel service center unit in JSL Stainless Steel Park, Jajpur, with an Rs 150 crore investment and the potential to generate 315 jobs in the Steel industry.

The Crackers India Alloys Ltd is set to invest INR 101.50 Crores in setting up a 52,800 MT
Steel Casting mill & Rolling Mill with Ancillary facilities in Barbil, Keonjhar, creating 240 jobs in the Steel sector.

The EnvirocareInfrasolution Pvt Ltd’s Rs 100 crore investment in Sundergarh establishes a Mild steel strips and pipes manufacturing unit with a capacity of 2,88,000 TPA each, offering 295 potential jobs in Steel Downstream.

The Rungta Paints Private Limited amplifies its presence in Dhenkanal with a Manufacturing unit for Paints, Allied products & Intermediate. The Rs 991 crore investment is poised to create 700 jobs in the Paint (Chemical) industry.

The Modulus Oleochem and Surfactants Private Limited’s comprehensive Chemical
Manufacturing unit in Baliapal Industrial Estate, Balasore, is a Rs 313.51 crore investment that will boost the Chemicals sector, offering employment for 300 individuals.

The Transnova Express India Private Limited invests Rs 120.39 crore in a Chemical Hub in Khordha, setting up a Bulk Industrial Chemical Storage, Re-packing, and Handling facility, offering 258 potential jobs.

With the paint giant Berger setting up foot in Odisha, two of its ancillary companies, namely, Grow Max India Private Limited, invests Rs 54.55 crore in a Manufacturing unit for Plastic Pails, Lids, Bottle & Drum in Khordha, providing employment opportunities for 152 individuals in the Plastics sector.

The second one namely, Anupam Products Ltd, sets up an Rs 51 crore Manufacturing unit for Empty Metal Tin Containers in Khordha, enhancing capabilities in the Packaging/Metal Downstream sector and creating 230 jobs.

The Rajshree Polypack Limited and Kesav Plasttech (P) Ltd contribute to the Plastics industry with manufacturing units in Khordha and Rengali Industrial Area, Sambalpur, respectively.

The two projects, with a combined investment of Rs 102.25 crore, are expected to generate 554 jobs.

The Dhansar Group initiates a Private Freight Terminal (PFT) under PM- Gati Shakti Multi Modal Terminal scheme in Sundergarh, with an Rs 190 crore investment and the potential to generate 160 jobs in Infrastructure.

The Kaibalya Logistics Private Limited invests Rs 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.

The Ashirbad Food Processing Private Limited is setting up a fully automated flour mill in Jajpur, with an Rs 56.35 Crore investment, contributing to the Food, Beverage & Allied Sectors, providing 118 potential jobs.

The Summa Real Media Private Limited unveils a Rs 226.57 crore IT Infrastructure Complex in Khordha, expected to accommodate 10,000 IT professionals.

The Vaswani Steel Pvt Ltd is set to establish a 200 KLPD grain-based Ethanol plant, accompanied by a 5MW Co-gen power plant in Nuapada, contributing significantly to Agro Processing in the Biju Economic Corridor with an investment of Rs 237.80 crore and generating 150 jobs.

The GAIA Neo Energy Private Limited is establishing a Compressed Biogas plant in Dampara, Cuttack, investing Rs 87.00 crore. This initiative, with an annual capacity of 3,600 MT, will create 76 jobs in the Renewable Energy/Circular Economy sector.

Leave a Reply

Your email address will not be published. Required fields are marked *