Odisha Greenlights ₹1.46 Lakh Cr Investment Wave

The Odisha government has approved 33 investment proposals worth ₹1.46 lakh crore, including Adani Enterprises’ ₹84,000-crore coal-to-chemical project in Sundergarh district, expected to generate 36,000 jobs.

The approvals were granted during the High Level Clearance Authority (HLCA) and Single Window Clearance Committee (SLWCA) meetings, chaired by Chief Minister Mohan Charan Majhi and Chief Secretary Manoj Ahuja, respectively. The HLCA approved 12 proposals worth ₹1,41,993.54 crore, creating 49,745 employment opportunities, while the SLWCA cleared 21 projects totaling ₹4,019.53 crore, generating 16,590 jobs.

Key sectors include electronics system design and manufacturing (ESDM), green hydrogen and ammonia, power and renewable energy, IT, aerospace and defence, textiles, food processing, chemicals, semiconductors, and rare earth materials.

The projects are spread across 14 districts, promoting balanced industrial growth and inclusive development. The government emphasized that Odisha’s investor-friendly policies, efficient governance, and strategic planning have attracted both domestic and international investments, strengthening the state’s position as a leading industrial destination.

News by Rahul Yelligetti.