Bhubaneswar: The State Government on Saturday approved 25 industrial projects worth Rs 5,827.27 crore, which will create employment for 25,000 persons.
The State Level Single Window Clearance Authority (SLSWCA) under the chairpersonship of Chief Secretary Pradeep Kumar Jena has approved the projects during its 115th meeting.
The Authority also recommended 3 large projects of investment value of Rs. 28,000 crore with employment opportunities for around 19,000 people, to the High-Level Clearance Authority (HLCA).
Out of the multiple investment intents garnered during the MIO Conclave 2022, 16 projects were put up for approval in today’s meeting.
With grit, determination and hard work, the state government is ensuring that they transform the garnered investments into ground reality as seamlessly as possible.
The approved projects will be set up at various places of Khurda, Cuttack, Jajpur, Jagatsinghpur, Mayurbhanj, Sundergarh and Bhadrak districts
The SLSWCA approved three projects in the plastic sector, which reflect total investment of Rs 392.10 crore and are jointly expected to provide employment opportunities to 664 people of the state.
Shri Maa Packaging Ltd, Chemco Plastic Industries Pvt. Ltd. and Cool Caps Industries Ltd. are set to come up with their respective units at Malipada, Khordha.
A total of 8 projects received a nod in the steel segment, including three projects in the steel downstream segment and two projects in the steel, ferro alloys segment. These 8 projects are estimated to provide employment opportunities to over 3000 people in the state.
While three of the units are set to come up at Kalinga Nagar, the rest of them will be set-up in various other parts of the State like Mandiakudar, Bonai, Lathikata, Rairangpur and Jamda Block. A total of Rs 2418.49 crore will be invested by these 8 organizations from the steel sector.
In the food processing segment also, the Government has approved three projects with a total investment of Rs 164.99 crore and is expected to generate 491 employment opportunities.
While Dodla Dairy Limited and one unit of Krupalu Kunja are set to establish their dairy products manufacturing units at Jagatsinghpur and Dhanpur, Block-Korei respectively, another unit of Krupalu Kunja is set to put up a modern rice mill at Tajpur, Block-Korei area.
Musaddilal Projects Private Limited (Scalar) and SGBL Infosystems Private Limited are the two projects which got approved in the infrastructure segment by the SLSWCA. With a total investment of Rs 213 crore, these projects are jointly expected to generate 6340 employment opportunities. Both the projects are to be set up in Cuttack.
SNM Hotels and Resorts Private Limited is all set to establish their hotel and resort facility at Sahukhanata, Tahasil- Gop in the district of Puri. The organization is expected to invest a total amount of Rs 80.62 crore and provide employment opportunities to more than 150 people in the state.
In the IT & ESDM segment, the Authority approved 2 projects with a cumulative investment of Rs 203.71 crore.
While DN Homes Pvt Ltd will come up with its data center facility and IT infrastructure with modern amenities at Info Valley –II, NMDC Data Center Pvt Ltd will set up its data center facility which will offer colocation managed cloud hosting services at EMC Park (Infovalley).
In the IT & ESDM/ green energy equipment sector, Ampin Solar Private Limited got an approval to set up its manufacturing facility of solar cells and modules at EMC Park (Infovalley)
With a total investment of Rs 95.96 crore, Royale Hotels Private Limited will set up an IT park at Khurda.
In the pharmaceutical segment, SLSWCA gave a nod to Tropic Resources Private Limited which is expected to set up an IV Infusion and a Mineral Water Plant at Rourkela, Sundargarh.
On the other hand, DryChem India Pvt. Ltd invested an amount of Rs 57.50 crore to set up a manufacturing facility for gypsum plaster and gypsum Board, RMP tile adhesive and wall putty at Dhamra, Bhadrak.
In the textile, apparel and technical textile sector, Shahi Exports Private Limited Odisha-3 (New Unit) received a nod and is set to come up with its readymade garments unit at Khurda. With an investment of Rs 250 crore, this project is expected to provide employment opportunities to 10,000 people of the State.
In the chemical and petrochemical segment, Ngaz Paradeep Private Limited has received an approval to set up its refrigerated propane and butane (LPG) storage terminal of 2 MTPA capacity at Paradip. With an investment of Rs 900 crore, the project is expected to generate 600 employment opportunities.