Bhubaneswar, July 9: Industries Minister Sampad Swain on Wednesday said that Odisha has emerged as a leader in private capital expenditure in India for Q1 FY25-26 (April-June 2025), attracting Rs 1.4 lakh crore in new private sector project investments.
The investments have come in key sectors like in chemical, petrochemical, textile and green energy, said the Minister.
As per data from the Centre for Monitoring Indian Economy (CMIE), this accounts for over 40% of the total Rs 3.5 lakh crore in new investments announced nationwide during the quarter, making Odisha the top destination for private sector investments.
“This proves that investors are preferring Odisha as a best destination for investment. They have complete faith in the State Government. Ground breaking of several projects has already been done in Khurda, Gopalpur and Jajpur districts,” added Minister Swain.
He further asserted that efforts are on to launch projects, proposals of which were received during the Utkarsh Odisha-Make-In-Odisha Conclave.
