Bhubaneswar: In a major step towards its “Samrudha Odisha 2036” vision, the Odisha State Government has approved 25 new industrial investment proposals worth a total of ₹4,739 crore. The projects, spanning 13 key sectors, are expected to generate over 25,200 employment opportunities across nine districts, including Khordha, Jajpur, Cuttack, Sambalpur, and Angul.
The approvals were granted at the 140th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Shri Manoj Ahuja. The move underscores the state’s focus on inclusive, balanced regional development and positions Odisha as a leading investment destination in India.
The investment proposals are notably diverse, with a strong emphasis on the Textile, Apparel & Technical Textile sector. This sector alone accounts for several projects with significant job creation potential, including:
- Colortone Textiles Pvt. Ltd. in Khordha: An integrated textile facility with a ₹700.29 crore investment, creating 1,010 jobs.
- Techno Activewear Pvt. Ltd. in Cuttack: A sportswear fabric and garment unit with a ₹100 crore investment, creating 2,500 jobs.
- SCM Garments Pvt. Ltd. in Cuttack: A large knitted garments unit with a ₹150 crore investment, creating 4,000 jobs.
Other key approvals include:
- Steel: Konark Ispat Ltd. will expand its operations in Jharsuguda with a ₹990 crore investment, creating 2,000 jobs.
- IT/ITES: Linde India Ltd. is set to establish a Global Competency Centre in Khordha with an investment of ₹82 crore, generating 210 jobs.
- Tourism: SYCE India (OPC) Pvt. Ltd. will develop a 5-star luxury resort in Sambalpur with a ₹107.42 crore investment, creating 150 jobs.
- Renewable Energy: Prozeal Green Energy Ltd. will invest ₹140 crore to set up a 69.5 MW solar park in Subarnapur, creating 360 jobs.
The broad range of sectors, from IT to logistics and circular economy, highlights the state’s strategic approach to fostering a resilient and diverse economy. According to state officials, these projects are a testament to Odisha’s investor-friendly policies and its commitment to creating a future-ready economy that benefits its people.