SLSWCA Green Lights 14 Projects Worth Over Rs 1713 Cr, To Generate 5,134 Jobs

On Wednesday, the State Level Single Window Clearance Authority (SLSWCA) approved 14 ground-breaking projects totaling Rs 1713.65 crore. As Odisha experiences a profound economic transformation, the 127th SLSWCA, presided over by Chief Secretary PK Jena, approved investments that will likely generate 5,134 new job opportunities. Odisha’s economy is about to change as a result of these investments in a variety of industries, enhancing the state’s standing as a top investment destination.

The SLSWCA has approved a number of projects in a number of industries, including power, plastics, food processing, metal downstream and ancillaries, pharmaceuticals, and tourism, in a historic decision. These initiatives, which have the potential to create 5,134 jobs overall and have invested a total of INR 1,713.65 crore over seven districts, are anticipated to have a major positive impact on the state’s economic growth.

With Neo Industries Metal Processing Pvt Ltd’s project worth Rs 72.00 crore, which will create jobs for 50 people, the State is expected to see a boom in steel-related businesses. The project will involve grinding, texturing, and chrome plating for a steel unit in Jajpur that has a capacity of 16,000 units over two phases.

Anand Exports is the industry leader in stainless steel and ferro alloys thanks to its extensive expansion plan in Jajpur. The 0.038 MTPA increase in ferrochrome unit capacity is the scope of the project. It is anticipated that the Rs 628.00 crore investment will create jobs for 2,828 people.

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