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1177 CR Invest Cleared

Chief Secretary Aditya Prasad Padhi chaired the State Level Single Window Clearance Authority (SLSWCA) Meeting, which cleared Rs.1,177.41 Crore Investment proposals. 

According to officials these proposals will create employment opportunities for 6.032 people.
The proposals approved in the meeting belong to diversified sectors like sanitary ware, solar power, food processing, hospitality, electronics manufacturing and IT services.
Notably, recently, the Single Window for Investor Facilitation and Tracking (GO-SWIFT) had received the 500th investment proposal, within a year of its launch, from a leading Gurugram-based manufacturer of sanitary ware products.
The company’s proposal to set up a unit to manufacture glass containers of capacity 1,30,000 tonnes per annum at an investment of Rs 350 crore at Cuttack received the approval from SLSWCA.
The unit will create employment opportunities for 1200 people.
The SLSWCA also gave its nod to a leading Odisha-based food processing company for setting up a Greenfield project to manufacture spices, pasta, noodles, fruit-based beverages, ready-to-cook and ready-to-eat items at Ramdaspur, Cuttack with a total investment of Rs.100 crores.
The unit will provide employment opportunities to 1560 people.
A leading Odisha-based automobile dealership chain’s proposal to set up an electric vehicle manufacturing unit at Jajpur entailing an investment of 52.41 crore was also approved in the meeting.
The Greenfield project will manufacture electric rickshaws and electric scooters with an installed capacity of 50,000 numbers per annum. This will create direct and indirect job opportunities for 122 people.
The SLSWCA also approved a private aluminium major’s proposal to establish a coal gasification plant of 21,000 NM(Normal meter cube per hour) at Hirakud, Sambalpur with an investment of Rs 60 crore.
This will involve creation of 20 employment opportunities, the officials said.
In a major boost to the State’s tourism sector, a leading home grown hotel chain’s proposal to set up a Golf resort at Satapada in Puri with an investment of Rs. 125 crores.
This will create employment opportunities for 550 people in the State and help provide high-end accommodation facilities for tourists. 
The electronics and IT sector in the State received a major boost with two proposals getting the nod.
The first proposal was by a Jaipur-based cellular handset and accessories company which would invest Rs 75 crore to set up a unit to manufacture 10 lakh pieces per annum of mobile handsets and accessories such as printed circuit boards, battery, charger, power banks etc. at the Electronics Manufacturing Cluster at Infovalley on the outskirts of Bhubaneswar.
This will create direct and indirect jobs for 1300 people.
The second proposal was from a Hyderabad-based software company which proposed to set up a software centre to develop Internet of Things (IoT) software at the Electronics Manufacturing Cluster in Infovalley. The unit will come up at an investment of Rs 65 crore and will create direct and indirect job opportunities for 730 people. 
Two proposals from Central PSUs also received approval in the meeting. BPCL’s  proposal to invest additional Rs 250 crore to set up a lignocellulosic biomass ethanol bio-refinery plant of capacity 100KL per day at Bargarh was approved by SLSWCA.
The employment potential of the project is 200 people. The proposal of HIL set up a manufacturing unit for production of agrochemicals of capacity 10,000 MT at Chatrapur in Ganjam district with a total investment of Rs. 100 crores also received the nod.  This will create of 350 employment opportunities for people. 
In addition, the SLSWCA recommended two investment proposals in the steel sector entailing combined investments of Rs 3,526 crores to the High Level Clearance Authority (HLCA) headed by the Chief Minister for consideration.
 


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