Bhubaneswar: Industries Minister Shri Sampad Chandra Swain stated that the total expenditure incurred for conducting domestic and international roadshows, investor meets, and outreach initiatives stands at Rs 96.51 crore. These outreach initiatives were designed to build investor momentum ahead of flagship events like the Utkarsh Odisha Make in Odisha Conclave 2025.
Minister was replying to a wide ranging question of senior Lawmaker, Shri Kalikesh Narayan Singh Deo in Odisha Legislative Assembly about the number of investment conclaves, roadshows and outreach programs conducted since June 2024, the expenditure incurred, and the number of MoUs signed, with the proposed investment and projected employment; and of these, the number of projects that have reached groundbreaking, and separately the number that have achieved commercial production, with the actual investment realized and actual jobs created at each stage; the number of projects meeting the commercial-production date committed in the MOU, and the number slipped, with committed date against actual / revised date; and the reasons for the gap between MOUs signed and jobs and production achieved, and the steps to ground the pending projects?.
Minister reply reveal that since June 2024, the state government organized 13 roadshows, investor meets, and outreach events both in India and internationally. These included major summits such as the Utkarsh Odisha Make in Odisha Conclave 2025, regional roadshows in New Delhi, Mumbai, Hyderabad, Kolkata, and Ahmedabad, sector-specific events like Odisha-Tex 2025 and Odisha Pharma Summit 2025, as well as an official delegation visit to the UAE. The documented expenditure for these outreach programs includes Rs 85 crore plus 5 percent supervision charges of IPICOL for the primary roadshows, alongside specific budget allocations including Rs 3 crore for Enterprise Odisha in Rourkela, Rs 2.26 crore for the Pharma Summit, and Rs 2 crore for Odisha Food Pro 2026.
Minister said that a total of 198 mega projects across diverse industrial domains have signed MoUs or submitted investment proposals. Major commitments in mineral processing, metals, green energy, chemicals, and textiles lead the pipeline, with investments running into lakhs of crores. Key proposals include Adani Group spanning multiple sectors with Rs 2,28,000 crore, Vedanta Limited with Rs 1,00,000 crore, Neelachal Ispat Nigam Limited (Tata Steel) with Rs 61,769 crore, Steel Authority of India Limited (SAIL) with Rs 50,800 crore, and Mahanadi Coalfields Limited (MCL) with multi-site projects totaling over Rs 80,000 crore. Other significant entries include JSW Energy at Rs 40,000 crore, NTPC Limited at Rs 36,130.98 crore, JSW Steel and NALCO at Rs 35,000 crore each, and NLC India Ltd with projects worth Rs 52,000 crore across Jharsuguda and Angul.
Regarding project execution and progress stages, project implementation is systematically tracked through categorized statuses. Key strategic projects have already moved into commercial production or partial production, such as Numaligarh Refinery Ltd in Jagatsinghpur with a project cost of Rs 4,634 crore, Bhushan Power and Steel Limited in Sambalpur with a project cost of Rs 3,500 crore, and Geofast Consumer Products in Bargarh. Numerous flagship projects are listed under implementation, including Vedanta Limited, SAIL, Tata Steel expansion, MCL, NLC India Ltd, Bharat Coal-Gasification, Hindalco Industries, Shyam Steel Manufacturing, and Indian Oil Corporation Ltd. Other submitted proposals remain under active administrative review, while several have secured formal approval and land allocation workflows to ensure swift transition from MoU stage to physical grounding.