Odisha govt approves investment projects worth Rs 1,36,622 crore

Prameyanews English

Published By : Chinmaya Dehury | November 28, 2024 10:15 PM

Mohan Majhi

Bhubaneswar, Nov 28:  The Odisha government today approved projects worth Rs 1,36,622 crore with an employment potential of 74,350 persons.

The High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Mohan Charan Majhi approved 20 industrial projects. These projects, spanning across diverse sectors such as steel, chemicals, green energy, textiles, and more, are poised to generate employment for over 74,350 individuals and significantly bolster Odisha's economic growth.

In just six months since the formation of the new government in June 2024, the state has attracted investments exceeding Rs 1,80,000 crore. 

Speaking at the meeting, Majhi emphasized the state’s unwavering commitment to fostering an investment-friendly ecosystem. 

"Through strong cooperation between the State and Central governments, we have fostered a business-friendly environment that attracts investors to Odisha. Our focus is on creating an ecosystem that promotes inclusive growth, sustainability, and job creation. With a focus on developing a strong ecosystem and creating new opportunities, Odisha is set for remarkable growth. Utkarsh Odisha 2025 will mark the beginning of a new era, positioning Odisha as a premier investment destination," he said.

The approved projects in 9 sectors including steel, chemicals, aluminium, aviation fuel, green energy & equipment, apparel & textiles, power & renewable energy and cement. These projects are strategically distributed across10 districts of Odisha-Jajpur, Jharsuguda, Khurdha, Sambalpur, Ganjam, Kalahandi, Malkangiri, Dhenkanal, Bhadrak and Jagatsinghpur strengthening Odisha's industrial base and driving sustained economic growth.





















































































































































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