Jajpur: Odisha today underscored its commitment to industrial leadership with the launch of 24 strategic industrial projects in the Kalinganagar industrial hub, representing a monumental cumulative investment of $13.7 billion (approximately Rs 1.15 lakh crore).
Chief Minister Mohan Charan Majhi inaugurated four operational projects and laid the foundation stones for 20 new ventures, poised to generate an estimated 36,000 direct and indirect employment opportunities. This significant move solidifies Odisha’s position as a premier investment destination in India.
Addressing a distinguished gathering of industry leaders and stakeholders, Chief Minister Shri Majhi emphasized the state’s rapid progress: “Today marks a pivotal moment for Odisha’s industrial landscape. The launch of projects exceeding $13.7 billion in Jajpur is not merely about laying foundations; it’s about actively constructing the future of our state’s economy and empowering our youth with sustainable employment.” He highlighted the swift conversion of commitments into tangible progress, noting, “In just 113 days, our administration has demonstrated its unwavering resolve and commitment to ‘action over words,’ delivering concrete results for our citizens.”
The strategic deployment of these projects across Kalinganagar, Danagadi, and Badachana within the Jajpur district further cements the region’s critical role as a burgeoning industrial corridor within Odisha’s growth trajectory. The diverse portfolio of investments spans high-growth sectors, including advanced steel manufacturing, ferro alloys, specialty chemicals, renewable solar energy, refractory materials, precision automotive components, modern warehousing, and value-added food processing. This multi-sectoral approach reflects a sophisticated industrial diversification strategy.
A cornerstone of this development is Tata Steel Ltd.’s 5 MTPA Integrated Steel Plant (ISP) expansion at Kalinganagar, an investment of approximately $5.7 billion (Rs 47,599 crore) that is projected to create 4,625 jobs. This expansion is a testament to the continued confidence of global industrial majors in Odisha’s robust infrastructure and favorable policy environment.
Other key operational projects include JSL Group’s diversification into petroleum and solar power with a $56.4 million (Rs 470 crore) venture, and Abis Exports India Pvt Ltd.’s poultry feed plant, anticipated to generate 850 employment opportunities. The inauguration of Jatia Steel Ltd.’s 0.75 MTPA Rebar-cum-Wire rod mill project, an investment of $26.4 million (Rs 220 crore) creating 325 jobs, further strengthens the region’s manufacturing capabilities.
The ground-breaking segment was led by Neelachal Ispat Nigam Limited (NINL)’s substantial $7.4 billion (Rs 61,769 crore) steel plant expansion. This project is poised to become one of the largest steel manufacturing units in the region, directly impacting 14,000 lives through employment.
Additionally, foundation stones were laid for significant projects by IMFA ($183 million / Rs 1,524.62 crore) and a further investment by Tata Steel Ltd. ($120 million / Rs 1,000 crore), signaling sustained investment interest from established industry players.
This event marks a crucial deliverable in the State Government’s post-Utkarsh Odisha-Make in Odisha Conclave 2025 agenda. Its realization within four months of the conclave powerfully demonstrates the government’s agility and unwavering commitment to rapidly converting investment intent into actionable industrial growth, driving the vision of a self-reliant and industrially vibrant Odisha, aligned with the national ‘Make in India’ initiative.