Bhubaneswar, July 24: The Odisha Industrial Infrastructure Development Corporation (IDCO) is currently implementing 147 industrial infrastructure projects worth over Rs 3,500 crore, while another 117 projects valued at more than Rs 1,870 crore have been proposed under the Industrial Infrastructure Development Fund (IIDF) and SASCI schemes in the State.
The Corporation now manages nearly 150 Industrial Estates, Industrial Areas and MSME Parks spread over more than 14,095 acres of developed industrial land, supporting 6,661 industrial units.
This was revealed in a high-level meeting chaired by IDCO Chairperson Usha Padhee on Friday to strengthen Odisha's industrial ecosystem and further improve the State's Ease of Doing Business environment.
The meeting brought together representatives of leading industry associations, MSME bodies, sectoral chambers and regional trade organisations, along with senior IDCO officials, to deliberate on issues relating to industrial infrastructure, land allotment, utilities, logistics and regulatory reforms. Industry representatives shared operational concerns and suggestions to further strengthen Odisha's investment climate.
The meeting highlighted IDCO's achievements over the last two years. During this period, the Corporation expanded the Industrial Land Bank by nearly 6,000 acres, handed over 6,027 acres to large and medium industries and facilitated land allotment for 93 major industrial projects. To promote balanced regional development, IDCO has developed 30 Multi-Product MSME Parks across the State, besides dedicated parks for electronics, textiles, plastics, seafood processing and aluminium-based industries.
The meeting also reviewed key governance reforms aimed at simplifying approvals and improving service delivery. IDCO has rationalised planning regulations by permitting full utilisation of permissible Floor Area Ratio (FAR) without requiring Transferable Development Rights (TDR) certificates and removing ground coverage restrictions for industrial buildings, flatted factories and IT/ITES establishments.
Recognising the growing infrastructure needs of Bhubaneswar's Infocity, which employs nearly 30,000 professionals, IDCO is pursuing a Multi-Level Car Parking project and identifying nearby land for additional parking. Infrastructure upgradation worth nearly Rs 500 crore is also underway across seven major industrial estates, focusing on roads, drainage, utilities and other civic infrastructure. The Corporation is further planning common fire-hydrant systems and strengthening industrial security across major estates.
The meeting witnessed active participation from leading industry organisations, including UCCI, CII, FICCI, ASSOCHAM, ICC, World Trade Centre Bhubaneswar, FIEO, OASME, OSSIA, NOCCI, RCCI, BCIC, TiE Bhubaneswar, NASSCOM and several other sector-specific associations and women entrepreneurs' networks.