Dikhyaa Mohanty 
Odisha took another decisive step towards becoming a leading investment destination as the 43rd meeting of the High-Level Clearance Authority (HLCA) on Thursday approved seven major industrial projects with an investment of Rs 55,783 crore, having the potential to generate 14507 job opportunities. The approvals reaffirm the state government’s commitment to fast-tracking industrial development, attracting diversified investments, and creating sustainable employment opportunities for the youth of Odisha.
The projects, which are dispersed among districts including Dhenkanal, Ganjam, Keonjhar, and Khurda, cover important industries like steel, rare earth manufacturing, automobiles and auto-components, semiconductors, industrial gases, ferroalloys, and power and renewable energy.
“Through these investment clearances, we are focusing on different parts of Odisha to make the state strong, Atmanirbhar and ready for Samruddha Odisha by 2036,” said Chief Minister Mohan Charan Majhi while chairing the HLCA meeting.
With a massive investment of Rs 35,000 crore to build a 6 MTPA steel mill in Dhenkanal, Saffron Resources Pvt Ltd (a JSW Group Company) leads the approvals in the steel business. The project alone is anticipated to create about 8,000 jobs, further enhancing Odisha’s standing as the nation’s leading center for steel production.
Jindal Poly Films Limited has suggested investing Rs 12,000 crore in Ganjam to establish a 0.5 MTPA Titanium Dioxide Pigment manufacturing facility under the rare earth manufacturing category. This would create 4,000 jobs and represent a major advancement in the production of advanced materials, further bolstering the manufacturing ecosystem. A reputable business in the automotive and auto-components industry would spend Rs 1,697 crore in Ganjam to build a tire, carbon black, and zinc oxide production facility, creating 685 job opportunities.
