Bhubaneswar: The Odisha government on Thursday approved 22 industrial investment proposals worth Rs 3,855.38 crore, with the potential to generate 7,765 employment opportunities across 12 districts of the state.
The proposals were cleared at the 151st State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Anu Garg.
The approved investments cover 11 sectors, including tourism, biofuel, manufacturing, aerospace and defence, chemicals and petrochemicals, infrastructure, plastics, pharmaceuticals, global competency centres, steel downstream and paper packaging.
The projects are spread across Angul, Balasore, Bhadrak, Cuttack, Ganjam, Jajpur, Jharsuguda, Khordha, Nayagarh, Puri, Sambalpur and Sundargarh. The proposed investments combine conventional manufacturing with emerging industries, alternative energy, logistics, pharmaceutical production and technology-enabled services.
Tourism accounts for the largest share of the proposed investment, with six projects worth Rs 1,035.62 crore expected to generate 1,337 jobs. The proposals include five-star hotels, luxury resorts and a convention centre in Khordha, Jharsuguda, Puri and Cuttack.
Ashirbad Engineering and Construction Private Limited will invest Rs 310 crore in a five-star hotel in Khordha, with an employment potential of 270. Swami Resorts Private Limited will invest Rs 153 crore in another five-star hotel in Khordha, expected to create 249 jobs.
The Royale Nest Hospitality Private Limited will establish a five-star luxury resort with a convention centre in Jharsuguda at an investment of Rs 150 crore, generating a potential 193 jobs. In Puri, Srikrishna Estates and Construction Pvt. Ltd. will invest Rs 135 crore in a high-end destination resort, expected to create 235 jobs.
KP Prime Assets Private Limited will establish a five-star luxury hotel with an investment of Rs 120 crore and an employment potential of 250. Maa Bhattarika Minerals will invest Rs 64.04 crore in a four-star riverfront resort, Mahanadi Alaya, in Cuttack, with the potential to generate 150 jobs.
Paper, packaging and plastics account for two proposed projects worth a combined Rs 1,029.91 crore, with an employment potential of 1,960.
Alisha Torrent Closures (India) Private Limited will invest Rs 529.91 crore in Nayagarh to manufacture caps and closures for bottled beverages, creating a potential 250 jobs.
Stark Ridge Private Limited will establish a paper and paper products manufacturing unit in Khordha with an investment of Rs 500 crore. The facility is expected to generate 1,710 jobs and have an annual production capacity of 108,000 tonnes of corrugated boxes, 48,000 tonnes of paper bags, 48,000 tonnes of mono cartons and 99,000 tonnes of paper.
Three compressed biogas (CBG) projects involving Rs 680 crore in proposed investments are expected to generate 984 jobs. Together, they will have a proposed production capacity of 29,700 tonnes per annum.
Indian Oil Corporation Limited will invest Rs 360 crore in a CBG manufacturing facility with an annual capacity of 14,850 tonnes across Angul, Jajpur and Sambalpur. The project has an employment potential of 745.
Kineta Global Limited will establish an 8,250-tonne-per-annum CBG facility in Sundargarh at an investment of Rs 170 crore, generating 170 jobs. Sree Metaliks Bio Energy Limited will invest Rs 150 crore in a 6,600-tonne-per-annum facility in Balasore, with the potential to create 69 jobs.
The steel downstream and industrial manufacturing segment includes three projects worth Rs 323.81 crore, with a combined employment potential of 634.
Saha Steel Private Limited will invest Rs 72.81 crore in Sambalpur to manufacture 24,000 tonnes of pre-engineered building systems and 7,500 tonnes of cold-formed purlins, girts, decking and profile sheets. The project is expected to generate 280 jobs.
MPIL Steel Structures Limited will establish a heavy steel structure fabrication plant with a capacity of 25,000 tonnes in Jajpur at an investment of Rs 200 crore, creating a potential 200 jobs.
Armour Industries will invest Rs 51 crore in Sundargarh in a manufacturing facility covering structural steel fabrication, plate-work, blast furnace equipment, wagon-tippler systems, mining and material-handling equipment, and precision-machined components. The project is expected to create 154 jobs.
The chemicals and petrochemicals sector will receive two proposed investments worth Rs 225 crore, with an employment potential of 405.
Aarish Coating Technology LLP will set up an industrial paint manufacturing facility in Khordha at an investment of Rs 50 crore, expected to generate 200 jobs.
Proec Energy Limited will invest Rs 175 crore in Bhadrak to manufacture 18,000 tonnes per annum of calcined petroleum coke and 9,000 tonnes per annum of graphitized petroleum coke. The project is expected to create 205 jobs.
The aerospace and defence sector will see two proposed projects in Khordha involving Rs 117 crore in investment and an employment potential of 1,170.
Stonehawk Technologies Private Limited will invest Rs 65 crore in an integrated manufacturing facility for drones and unmanned aerial systems, with the potential to generate 800 jobs. Classic Tecnologistics & Trade Private Limited will invest Rs 52 crore in an integrated aerospace manufacturing facility, expected to create 370 jobs.
In pharmaceuticals, Amritash Healthcare Pvt. Ltd. – Unit II will invest Rs 152.69 crore in a manufacturing facility in Khordha. The project is expected to generate 520 jobs and have a production capacity of 1,500 million tablets, 210 million capsules and 48 million injections.
Infrastructure investment includes an integrated logistics park in Ganjam by RB Abodes Private Limited. The company will invest Rs 209.35 crore in the project, which is expected to generate 345 jobs and include a 5 MW rooftop solar power plant.
Linde South Asia Services Pvt. Ltd. will establish a Global Competency Centre in Khordha with an investment of Rs 82 crore. The centre will handle transport operations and remote operations and is expected to generate 210 jobs.
