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02 May, 2025
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Nearly Rs 4,000 crore investments approved by Odisha; projects generate over 7000 jobs
@Source: odishatv.in
Odisha govt on Friday approved 19 investment projects worth Rs 3898.54 crore. The projects were approved during the 136th State Level Single Window Clearance Authority SLSWCA meeting which was chaired by the Chief Secretary. The approved proposals are expected to generate 7464 new employment opportunities across the state a press note from the govt stated. Diverse sectors 11 districts As per the government the cleared proposals span a diverse range of high-impact sectors including Steel Iron Ferro Alloys Industrial Gases Logistics Food Beverage Agro-Processing Tourism Hospitality Chemicals Metal Downstream and Apparel Textile-further solidifying Odisharsquos position as one of Indiarsquos most attractive investment destinations. The projects will be implemented across 11 districts Angul Balasore Cuttack Dhenkanal Ganjam Jajpur Keonjhar Khordha Koraput Sambalpur and Sundargarh-ensuring balanced regional development and inclusive economic growth. TATA Steel Linde India projects cleared TATA Steel is set to enhance its crude steel capacity from the proposed 6.5 MTPA to 7.1 MTPA with an additional investment of Rs 700 crore generating 375 new jobs. In Keonjhar Sree Metaliks Limited will invest Rs 885 crore to expand its integrated steel plant creating 950 employment opportunities. Lal Baba Seamless Tubes Pvt Ltd plans to establish a Rs 200 crore precision tube manufacturing facility in Cuttack generating 500 jobs while Surlon India Ltd will set up a Rs 55 crore railway component manufacturing unit in Sundargarh expected to employ 1000 individuals. Linde India Ltd is set to invest ₹425 crore in establishing a state-of-the-art air separation unit in Jajpur. The facility will have an annual production capacity of over 12 lakh metric tonnes of industrial gases and is expected to create 100 direct employment opportunities. Similarly Bhuvaneshwari Foods Beverages Pvt Ltd will invest ₹300 crore to set up a beverages manufacturing unit in Khordha projected to generate 820 employment opportunities. Big boost for logistics tourism sectors ACME Clean Energy Pvt Ltd will develop a Rs 366.50 crore jetty-less floating terminal in Ganjam aimed at improving maritime logistics and creating 75 jobs. In Khordha Vasanth Vihar Constructions will establish a Rs 134.50 crore logistics park expected to generate 296 employment opportunities. In tourism sector major proposals to get nod included resorts and 4-star hotels by Birendra Hotels worth Rs 105 crore Specbru Hotels worth Rs 99.86 crore Surya Eco Resort worth Rs 86.73 crore Tesko Hotels and Malls Infraprojects Pvt Ltd worth Rs 80 crore Satva Oleo Pvt Ltd worth Rs 78.00 crore and TK International LTD worth Rs 55.50 crore. Jay Shree Tea Industries Ltd will invest Rs 61 crore in setting up a Single Super Phosphate SSP plant in Balasore expected to generate 200 jobs. Additionally HVG Industries Pvt Ltd will establish a Rs 55.05 crore plastic and chemical unit in Khordha creating 206 employment opportunities. Kalinga Infra Projects Ltd will set up a Rs 60 crore crash barrier manufacturing unit in Sambalpur generating 314 jobs. In Keonjhar Shree Jagannath Supply Co will invest Rs 51.40 crore to develop a molasses blending and warehousing facility creating 110 jobs supporting the agro and allied industries. Shree Sidhi Vinayak Texcolours Pvt. Ltd will establish a yarn dyeing and knits fabric processing unit in Khordha. With an investment of Rs 100 Crore this project is expected to create 1070 jobs.
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