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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.

HLCA approves Rs 44,241.97 crore investment across 10 projects

Photo: x.com/InvestInOdisha
India Verve Desk

Bhubaneswar: The 44th meeting of the High Level Clearance Authority (HLCA), chaired by Chief Minister Mohan Charan Majhi, approved 10 major industrial projects with a total proposed investment of Rs. 44,241.97 crore, reinforcing Odisha’s expanding industrial ecosystem and investor confidence.

The meeting took place at Lok Seva Bhawan, where the CM reaffirmed the State government’s commitment to fast-tracking industrial growth and attracting large-scale investments to Odisha.

Skill Development and Technical Education Sampad Swain stated that the approved projects span key sectors, including rare earth, cement, automobile and auto-components, semiconductor, telecom infrastructure, and power and renewable energy.

Authorities expect these projects to generate around 8,765 employment opportunities, providing a significant boost to job creation in the State.

The investments will cover eight districts – Khordha, Koraput, Malkangiri, Dhenkanal, Puri, Nayagarh, Kalahandi, and Deogarh. The government expects the projects to strengthen local industries, create new livelihood opportunities, and support balanced regional economic development.

With this round of approvals, the State government aims to sustain industrial growth momentum while enhancing Odisha’s position as an emerging investment destination in eastern India.

In a post on X, Industries, Swain said: “Odisha is steadily moving towards the vision of Samrudh Odisha and Viksit Odisha.”

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