Odisha Boosts Economy with ₹3.8K Crore Investment Spree

The Government of Odisha has approved 18 new industrial and infrastructure projects with a total investment of ₹3,877.14 crore, expected to generate over 7,500 employment opportunities across multiple sectors. The clearances were granted at the 146th meeting of the State-Level Single Window Clearance Authority, chaired by Chief Secretary Anu Garg.

The projects will be distributed across 11 districts, including Balasore, Jharsuguda, Khurda, and Sundargarh, reflecting the state’s focus on decentralising industrial development and ensuring balanced regional growth.

Among the key proposals, Runaya Eckart Aluminium Powders will set up an aluminium downstream facility in Jharsuguda with an investment of ₹300 crore. In the metals sector, expansion plans by Scan Steels, Jay Jagannath Steel and Power Limited, and SS Alufoils International are expected to collectively bring in over ₹1,500 crore and create more than 2,200 jobs.

Additionally, Solar Industries India plans to establish an explosives manufacturing unit in Jharsuguda, while EnvairElectrodyne will invest in a new electronics facility in Khurda. These approvals highlight Odisha’s continued push to strengthen its industrial ecosystem, attract private investment, and generate large-scale employment across manufacturing and infrastructure sectors.

News by Rahul Yelligetti.