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At IndiaVerve, we go beyond the noise to bring you meaningful stories of change, resilience and progress—from India to the world stage. Our mission is to bring readers credible, wide-ranging coverage across politics, business, sports, culture, society and more.

IDCO reviews industrial growth, reforms in stakeholder meet

Photo: I&PR Department
India Verve Desk

Bhubaneswar: The Odisha Industrial Infrastructure Development Corporation (IDCO) held a high-level stakeholders’ meeting to review industrial infrastructure, land allotment and regulatory reforms in the state.

The meeting was chaired by Additional Chief Secretary, Housing & Urban Development Department, and IDCO Chairperson, Usha Padhee. Representatives of leading industry associations, MSME bodies, sectoral chambers and regional trade organisations took part, along with senior IDCO officials.

Industry representatives raised operational concerns and suggested measures to strengthen Odisha’s investment climate. Padhee reaffirmed IDCO’s commitment to continuous industry engagement and said stakeholder consultations and faster decision-making would remain central to building a competitive industrial ecosystem.

The meeting noted that IDCO has expanded the Industrial Land Bank by nearly 6,000 acres and handed over 6,027 acres to large and medium industries over the past two years. Land allotment was facilitated for 93 major industrial projects during this period.

For balanced regional development, IDCO has developed 30 Multi-Product MSME Parks across the state, along with dedicated parks for electronics, textiles, plastics, seafood processing and aluminium-based industries.

IDCO is currently implementing 147 industrial infrastructure projects worth over Rs 3,500 crore. Another 117 projects valued at more than Rs 1,870 crore have been proposed under the Industrial Infrastructure Development Fund and SASCI schemes. The Corporation now manages nearly 150 Industrial Estates, Industrial Areas and MSME Parks spread over more than 14,095 acres, supporting 6,661 industrial units.

The meeting reviewed governance reforms aimed at simplifying approvals. IDCO has allowed full utilisation of permissible Floor Area Ratio without requiring Transferable Development Rights certificates and has removed ground coverage restrictions for industrial buildings, flatted factories and IT/ITES establishments.

Padhee advised industry associations to jointly submit standardised industrial building designs for pre-approval to cut timelines further. IDCO said mortgage NOCs would now be automated by integrating them with allotment letters, while a public digital Industrial Land Bank platform is being developed to enhance transparency. The Corporation has also set a one-month target for completing land allotment, lease execution and physical possession after Land Allotment Committee approval.

Responding to concerns on water supply, drainage, power, traffic, parking and industrial safety, IDCO said water supply has been restored at Khordha Industrial Estate, drainage proposals for Jagatpur have been submitted for approval, and smart street lighting is being expanded across industrial estates.

IDCO is also pursuing a Multi-Level Car Parking project for Bhubaneswar’s Infocity, which employs nearly 30,000 professionals, and is identifying nearby land for additional parking. Infrastructure upgradation worth nearly Rs 500 crore is underway across seven major industrial estates, covering roads, drainage and utilities. Common fire-hydrant systems and stronger industrial security are also being planned.

The meeting saw participation from UCCI, CII, FICCI, ASSOCHAM, ICC, World Trade Centre Bhubaneswar, FIEO, OASME, OSSIA, NOCCI, RCCI, BCIC, TiE Bhubaneswar, NASSCOM and other sector-specific associations and women entrepreneurs’ networks.

IDCO and industry stakeholders concluded the meeting with a shared commitment to institutionalise regular consultations, accelerate infrastructure development and strengthen Odisha’s position as a preferred investment destination.

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