Odisha Food Pro 2026: Rs 43,437 Cr Investment for Food Processing
By Business Desk
Odisha CM Mohan Charan Majhi launches ‘Odisha Food Pro 2026’, attracting Rs 43,437 crore in investment for the food processing sector, aiming for farmer prosperity and rural growth.
Odisha Chief Minister Mohan Charan Majhi recently launched the state’s long-term vision for the food processing sector, dubbed “Odisha Food Pro 2026,” during an investor outreach event in Delhi. This strategic initiative successfully attracted investment proposals totaling Rs 43,437 crore, primarily aimed at fostering farmer prosperity and driving rural economic transformation.
Investment Inflow Details
The event yielded substantial commitments from various investors, formalized through both Memoranda of Understanding (MoUs) and Investment Intent Forms (IIFs). These proposals are projected to generate a significant number of new employment opportunities across Odisha.
- A total of 27 MoUs were signed, amounting to Rs 41,748 crore, with the potential to create 35,252 jobs.
- Additionally, 12 Investment Intent Forms (IIFs) were secured, bringing in Rs 1,689 crore and promising 8,064 jobs.
- Cumulatively, these commitments are set to generate 43,316 employment opportunities for the state.
Odisha’s Competitive Edge in Agro-Processing
Chief Minister Majhi highlighted several inherent advantages that position Odisha as an attractive destination for food processing investments. The state benefits from a robust natural resource base and developing infrastructure crucial for this sector’s growth.
- A rich raw material base.
- Diverse agro-climatic zones.
- An extensive coastline supporting robust fisheries.
- Developing port and logistics infrastructure.
Five-Pillar Strategy for Sector Growth
To further accelerate the food processing sector, Odisha has outlined a comprehensive five-pillar strategy. This framework is designed to integrate various stakeholders and ensure high standards, making the state a competitive player.
- Establishing specialized food processing clusters.
- Developing integrated cold-chain and warehousing facilities.
- Implementing stringent food quality and certification standards.
- Integrating Farmer Producer Organisations (FPOs), MSMEs, and women-led Self-Help Groups (SHGs) with organized industry.
- Cultivating a globally competitive skilled workforce.
Government’s Vision for Value-Added Processing
Industries Minister Sampad Chandra Swain reiterated the government’s steadfast commitment to this vision. He affirmed that Odisha aims to emerge as a global hub for value-added food processing, signaling a clear strategic direction for the state’s industrial future.