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.
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.

Odisha clears Rs 4,510 crore industrial investments, over 10,000 jobs expected

Photo: x.com/IPR_Odisha
India Verve Desk

Bhubaneswar: The government on Tuesday reaffirmed its push for accelerated industrialisation, aligning with the Purvodaya vision that positions eastern India as a key growth engine.

At the 145th meeting of the State Level Single Window Clearance Authority, chaired by Chief Secretary Anu Garg, the State approved 23 industrial investment proposals worth Rs 4,510.65 crore. These projects are expected to generate 10,122 employment opportunities.

The approvals reflect Odisha’s focus on employment-led growth, sectoral diversification, and balanced regional development. The projects span sectors such as wood-based industries, chemicals, apparel, technical textiles, pharmaceuticals, medical devices, manufacturing, aluminium downstream, electrical equipment, steel and metal downstream, food and agro processing, gemstones and jewellery, infrastructure, IT and ITES, and tourism.

The projects will be implemented across 11 districts, including Balasore, Bolangir, Cuttack, Jagatsinghpur, Kalahandi, Keonjhar, Khordha, Koraput, Puri, Sambalpur, and Sundargarh, ensuring wider industrial spread across the State, according to a government release.

Key approved projects include several major investments across sectors. Century Plyboards (India) Limited will set up a particle board manufacturing unit in Koraput with an investment of RS 870.82 crore and is expected to generate 1,000 jobs. Pidilite Industries Limited will establish a tile adhesives manufacturing unit in Balasore with an investment of Rs 61 crore and create 88 jobs.

Sonaselection India Limited will set up a garment manufacturing unit in Khordha with an investment of RS 130 crore and is expected to generate 1,858 jobs. Alphatex Private Limited will establish a technical textile unit in Khordha with an investment of Rs 180 crore and create 1,050 jobs.

In the pharmaceuticals and healthcare sector, Alteus Life Limited will set up a pharmaceutical unit in Cuttack with an investment of Rs 236.90 crore and generate 549 jobs. Shreeji Imaging and Diagnostic Centre Private Limited will establish a medical device facility in Khordha with an investment of Rs 53.55 crore and create 36 jobs. Paradeep Phosphates Limited will set up a sulphuric acid plant in Jagatsinghpur with an investment of Rs 425 crore and generate 29 jobs.

In manufacturing and metals, Nipha Limited will establish an agricultural equipment manufacturing unit in Khordha with an investment of Rs 164 crore and generate 300 jobs. Odisha Special Grade Alumina Ltd will set up an alumina production unit in Koraput with an investment of Rs 88.16 crore and create 66 jobs.

Sundar Steel Industries will establish a scrap processing unit in Cuttack with an investment of Rs 75.46 crore and generate 200 jobs. Navprakriti Green Energies Private Limited will set up a metal extraction unit in Balasore with an investment of Rs 105 crore and create 540 jobs.

The State said these investments will strengthen its industrial base while promoting sustainable and innovation-driven growth. The Single Window Clearance mechanism continues to support ease of doing business through time-bound approvals and streamlined processes.

The approvals align with the vision of Samruddha Odisha 2036 and aim to position the state as a major industrial hub in eastern India.

Latest News