New Delhi: The State Government was able to generate investment worth Rs 30,595 crore, with a potential to create jobs for approximately 48,390 individuals during meeting with investors in New Delhi.
A high-level delegation led by Chief Minister Mohan Charan Majhi is currently on a strategic visit to New Delhi, aimed at enhancing the state’s industrial ecosystem and attracting substantial investments across key sectors.
The state secured investment intentions from 14 companies, amounting to investments worth Rs 3,000 crore, which has the potential to generate approximately 21,390 jobs in the State, officials said.
Additionally, the State government has also formalized 11 Memoranda of Understanding (MoUs) valued at Rs 27,595 crore, creating an estimated 27,000 employment opportunities.
These interactions revealed considerable interest in establishing manufacturing units that would not only bolster local economic development but also create numerous employment opportunities for the youth of Odisha.
The Chief Minister commenced his endeavour with a visit to the HCL Tech Campus in Noida. During this visit, he interacted with Ms. Roshni Nadar Malhotra, Chairperson of HCL Technologies. There he explored the innovative initiatives being undertaken at their Mega IT Campus, AI Lab, and IoT Lab.
The visit also included an insightful tour of the Kiran Nadar Museum of Art, showcasing the intersection of technology and culture.
Discussions during this engagement centered around establishing collaborative opportunities within the IT and ITeS sectors. The Chief Minister emphasized Odisha’s commitment to becoming a hub for technology-driven enterprises.
He expressed optimism about the potential for HCL to expand its footprint in Odisha, reinforcing the state’s efforts to foster innovation and technological advancement.
Following the HCL engagement, the Chief Minister conducted a series of one-on-one meetings with various industry leaders at the Taj Palace in New Delhi. Leaders from esteemed organizations such as Kiri Industries, Himadri Specialty Chemical Ltd., Chowgule Group, IREL, SLMG Beverages, Ruchi Soya Foods Ltd (Patanjali Ayurved Ltd.), Inox GFL Group, Of Business, Quant Solar, etc., and engaged in fruitful discussions aimed at expanding their operations in Odisha.
The second day of the Chief Minister’s visit will focus on a pivotal milestone—the formal signing of Memoranda of Understanding (MoUs) with the Indian Oil Corporation Ltd (IOCL) for its Dual-Feed Naphtha Cracker Project in Odisha.
This transformative project is poised to significantly enhance the state’s petrochemical capabilities and foster comprehensive industrial development.
Alongside the IOCL agreement, the Chief Minister will oversee the signing of additional MoUs with the Indian Strategic Petrochemical Reserves Ltd (ISPRL) and Petronet LNG, among others tomorrow.
These agreements reflect the government’s commitment to establishing Odisha as a key player in the petrochemical sector while promoting sustainable industrial practices.
The day will further feature additional one-on-one meetings with industry leaders, focusing on investment opportunities and potential collaborations across various sectors.
These sessions are designed to facilitate open dialogue and address the specific needs and expectations of the business community in Odisha.
The anticipated outcomes from this visit are expected to have a lasting and positive impact on Odisha’s industrial landscape, significantly contributing to job creation and sustainable economic development in the region.