Falcon Marine Ltd Expands Its Ventures Into Hotel & Hospitality Sector

Odisha Government approved eight proposals envisaging an investment of around Rs 1214 crore and direct employment opportunities for 2427 persons. This approved proposal will take a step forward to its industrialization and will initiate more employment opportunities. 

As per the report, the Proposals are mainly from the sectors like manufacturing, plastic, food processing, and hospitality sectors. The proposers are very much known for industrial houses and their coming in will provide further fillip to the sectors.

At the State, Level Single Window Clearance Authority (SLSWCA) meeting the approval was given which was held under the Chairmanship of Chief Secretary S C Mahapatra. He directed all the concerned departments to facilities an early grounding of the projects through proactive support. Even to make a proper assessment of the land and water requirement for these projects the Chief Secretary directed all the concerned departments.

According to the officials a 2.75 MTPA iron ore beneficiation plant and 1.2 MTPA pellet plant by Energise Minerals Private Limited at an investment of Rs. 256 crore are included in the approved projects which are to be set up in Rairangpur of Mayurbhanj district.

Another 5-star hotel by Falcon Real Estate Private Limited in Bhubaneswar, Khordha with an investment of Rs. 120.26 crore with an employment potential of 900 persons, was also approved.

The officials further informed that there will an expansion of the Britannia Industries Limited unit for manufacturing of biscuits, cakes, rusk, and other bakery products with an additional annual capacity of 30,000 MT with an investment of Rs 93.60 crore at Khordha with employment potential for 350 people, was also approved.

A 200 KLPD grain-based distillery plant and 6 MW Cogeneration Plant by Indalc Spirits Pvt Ltd at an investment of Rs. 215.15 crore to be set up in Deogarh was also approved.

Another 200 KLPD grain-based distillery plant along with a Bottling unit of 6 lakh cases and a 6 MW Cogeneration Plant by Mash Spirits Pvt Ltd at an investment of Rs. 204.60 crore will be set up in Jharsuguda. This may generate employment opportunities for 185 persons.

Expansion of its unit for production of Refractories by Sarvesh Refractories Private Limited with an investment of Rs 123.25 crore at Kuarmunda of Sundergarh district, also got the government’s nod which will generate employment opportunities for 289 persons.

Manufacturing unit for production of Cast Polypropylene (CPP) Film having a capacity of 7560 MTPA and Metallised Film having a capacity of 6120 MTPA by Purv Packaging Private Limited with an investment of Rs 60 crore (to be set up at Paradeep Plastic Park in Jagatsinghpur district), and, employment opportunities for 60 persons.

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