Interview Times 
BHUBANESWAR: The Odisha government has approved 12 key industrial projects with a combined investment of ₹39,271.50 crore, expected to generate employment for 17,098 individuals across various sectors. The projects were sanctioned during the 36th High-Level Clearance Authority (HLCA) meeting, chaired by Chief Minister Mohan Charan Majhi.
This milestone marks a significant step toward the state’s industrial growth as CM Majhi’s government works toward its target of attracting ₹2.5 lakh crore in investments over the next five years. Impressively, the state has already achieved 90% of its annual target in the first 100 days of the new government, with investments worth ₹44,682.92 crore approved, creating 36,462 jobs, according to a press release from the Chief Minister’s Office (CMO). These figures include the proposals approved during Wednesday’s meeting, as well as those cleared during the State Level Single Window Authority meeting held in July.
Key Projects Approved Across Diverse Sectors
The 12 projects approved span several industries, including electronics system design and manufacturing (ESDM), steel, metal downstream, chemicals, cement, green ammonia, and rubber/plastics. The projects will be set up across eight districts in Odisha: Khurdha, Dhenkanal, Jagatsinghpur, Cuttack, Sambalpur, Ganjam, Balasore, and Keonjhar. These investments are expected to significantly enhance Odisha’s manufacturing capabilities and drive economic development across the state.
Focus on Industrial Growth and Job Creation
Speaking at the HLCA meeting, Chief Minister Majhi expressed his commitment to transforming Odisha into a premier investment destination in India. “This is our first HLCA meeting under the new government, and I am honored to lead this significant event. Our government is committed to fostering an environment that supports industrial growth and economic development in Odisha. Over the next five years, we aim to attract industries in diverse sectors, making Odisha the industrial hub of India,” said Majhi.
He emphasized the government’s focus on industrialization and job creation, noting that the projects approved during the meeting will generate over 17,000 jobs and bring in more than ₹39,000 crore in investments across various sectors.
Strategic Projects in ESDM, Chemicals, and Steel
Three significant projects in the electronics system design and manufacturing (ESDM) sector received approval during the meeting, highlighting Odisha’s focus on new-age industries. Silectric Semiconductor Manufacturing Pvt. Ltd. was approved for a silicon carbide device manufacturing unit, while Heterogeneous Integration Packaging Solutions Private Limited will establish a manufacturing plant for glass substrates in Khurdha. Additionally, Kaynes Circuits India Pvt. Ltd. will build a printed circuit board (PCB) manufacturing unit. Together, these projects represent a combined investment of ₹6,355.50 crore and will create 2,320 jobs.
In the chemicals sector, Laxmi Organic Industries Ltd. and Epigral Limited will each set up synthetic organic chemical manufacturing units in Jagatsinghpur, with a total investment of ₹5,355 crore, generating employment for 1,900 individuals.
The metal downstream sector saw approvals for Electrosteel Castings Limited, Jindal (India) Limited, and Bhushan Power and Steel Limited to establish projects in Dhenkanal and Sambalpur, representing a combined investment of ₹12,191 crore and creating 5,570 jobs.
Investments in Steel, Cement, Green Ammonia, and Rubber
Shyam Steel Manufacturing Limited will invest ₹2,510 crore to establish a 0.5 MTPA integrated steel plant in Keonjhar, creating 3,640 jobs. Meanwhile, Ambuja Concrete North Pvt. Ltd. (ACNPL) received approval for a cement grinding unit in Cuttack, with an investment of ₹1,400 crore and the potential to employ 410 people.
In the green ammonia sector, Torrent Green Hydrogen Private Limited will invest ₹10,260 crore in a project in Ganjam, generating 1,558 jobs.
Finally, Dalmia Bharat Refractories Limited will set up a manufacturing unit for tyres, tubes, and flaps in Balasore, with an investment of ₹1,200 crore and the potential to create 1,700 jobs.
A Bright Future for Odisha’s Economy
With these industrial projects moving forward, Odisha’s economy is set for robust growth, making it a top destination for investments and industrial development in Eastern India. The state government’s commitment to attracting new industries, fostering a business-friendly environment, and creating jobs promises to strengthen Odisha’s position as a leading industrial hub in the country.
