Odisha Approves ₹2,780 Cr Projects, Creating 14,000+ Jobs
By Business Desk
Odisha’s State Level Single Window Clearance Authority approves 14 investment proposals worth ₹2,780.1 Cr, set to generate over 14,104 jobs across 10 districts.
The Odisha government has sanctioned 14 new investment proposals, collectively valued at ₹2,780.1 crore, which are poised to generate 14,104 jobs across 10 districts. These approvals mark a significant step in the state’s industrialisation efforts under the ‘Samruddha Odisha 2036’ initiative.
The State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Anu Garg, granted these clearances. The projects span a diverse array of sectors, indicating broad economic development ambitions for the region.
Key Investment Figures
The recent approvals include:
A total of 14 projects received clearance.
The cumulative investment amounts to ₹2,780.1 crore.
These initiatives are expected to create 14,104 new employment opportunities.
The projects are distributed across 10 different districts within Odisha.
Diverse Sectoral Growth
The approved ventures cover a broad spectrum of industries, reflecting a strategic push for diversified economic growth. Sectors include food processing, agro and food processing, textiles and apparel, chemicals, pharma, medical devices, electronics, steel and ferro alloys, steel downstream manufacturing, and infrastructure.
Major Approved Projects
Several prominent companies received clearances for substantial investments:
Haldiram Snacks Food Pvt Ltd will invest ₹500 crore to establish a snacks and baked-products manufacturing unit, anticipating 800 new jobs.
Mahanadi Coalfields Ltd (MCL) secured approval for a ₹405.35 crore private railway siding, designated for its Subhadra Coal Mines in Angul.
Sahana Clothing Company Pvt Ltd plans a ₹251.45 crore readymade garment manufacturing unit in Dhenkanal, projecting 5,104 jobs.
Prasol Chemicals Ltd is set to invest ₹450 crore in a phosphorus-based derivatives plant, expanding the state’s chemical manufacturing capabilities.
Syrma SGS Technology Ltd committed ₹300 crore towards manufacturing printed circuit board assemblies, bolstering the electronics sector.
Mahatripurasundari Minerals and Metals Pvt Ltd will invest ₹160 crore in an integrated complex focused on ferro alloys and chrome derivatives.
Additional approvals include Tiwana Nutrition Global Pvt Ltd’s ₹140 crore cattle-feed unit and Premium Chick Feeds Pvt Ltd’s ₹105.38 crore chick-feed unit.
Furthermore, Pratima Agro Spinning Mill Pvt Ltd received clearance for a ₹125 crore textile-processing unit, while Sastasundar Healthbuddy Ltd will establish a ₹56 crore medical-device manufacturing unit.
These approvals underscore Odisha’s commitment to fostering industrial development and job creation across critical sectors, aligning with its long-term economic vision.