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Odisha secures Rs 2.43 lakh crore investment proposals during CM’s 3-day UAE visit

During the visit, the Chief Minister also interacted with the Odia diaspora in Dubai, where more than 800 Odias extended a grand welcome to him.
Published By : Debadas Pradhan | September 11, 2026 9:54 PM
Odisha secures Rs 2.43 lakh crore investment proposals during CM’s 3-day UAE visit

Dubai/Bhubaneswar, September 11: Odisha Government’s three-day UAE investment outreach programme concluded in the United Arab Emirates with proposed investments of Rs 2,43,262 crore and employment potential of 6,18,725 as the State intensified its global pitch for capital, technology, manufacturing partnerships and access to international markets.

Led by Chief Minister Mohan Charan Majhi, the three-day programme across Abu Dhabi and Dubai resulted in 24 Memoranda of Understanding (MoUs) and Investment Intents (IIFs), following 32 One-On-One investor meetings and Round Table engagements. The outreach brought together UAE-based investors, global business leaders, sovereign and institutional stakeholders, Indian diplomatic representatives and members of the Odia diaspora.

The concluding day centered on the Odisha Investors’ Meet - UAE 2026 in Dubai, attended by around 400 business leaders, investors and members of the UAE business community. The event provided a direct platform for Odisha to present its investment proposition and for global businesses to explore opportunities to establish or expand their presence in the State.

The day’s investment engagements covered Travel and Tourism, Logistics, Financial Investment, LNG storage, green energy, artificial intelligence and data centers, rare earths, ship repair, propellant manufacturing, fertilizers and chemicals, housing, steel and steel downstream industries and other emerging opportunities.

Apart from Traditional Mines and mineral sectors, Processed food will be the biggest opportunity.

While CAZBAA Project Ventures FZCO signed an MoU for LNG storage, Rana Holdings Limited signed an MoU covering green energy, AI data centres and rare earths. Sharaf Group entered into an MoU in housing, while PTCL Infrastructure signed an MoU for steel and steel downstream industries.

Investment Intents were received from Dalwin Marine and Turbo Power Engineering for ship repair, Ion Technologies Pvt. Ltd. for a propellant manufacturing plant, and Agrifields FZCO for fertilisers and chemicals.

Alongside the roadshow, the Chief Minister held one-to-one meetings with leading UAE-based business leaders and investors, focusing on project opportunities, manufacturing footprints, value addition, technology partnerships and long-term investment in Odisha.

During the visit, the Chief Minister also interacted with the Odia diaspora in Dubai, where more than 800 Odias extended a grand welcome to him.