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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.

Odisha pitches Rs1 lakh crore+ investment potential at Kolkata roadshow

Photo: x.com/InvestInOdisha
India Verve Desk

Kolkata: Odisha made a decisive pitch for large-scale industrial growth in eastern India as Chief Minister Mohan Charan Majhi led a two-day investors’ engagement in Kolkata on Friday and Saturday. The roadshow, designed to position the state as a key destination for manufacturing and enterprise, opened discussions on over Rs1 lakh crore in potential investments across priority sectors.

The event brought together more than 500 industry leaders, alongside CEOs, sector representatives, and policy stakeholders. Over the two days, the delegation conducted 130 business interactions and hosted four focused roundtables showcasing opportunities in metals and minerals, chemicals and petrochemicals, food processing, apparel, and emerging sectors, according to reports.

A total of 27 Memorandums of Understanding amounting to Rs81,864 crore were announced, carrying the promise of 63,161 new jobs. In addition, 19 investment intent proposals worth Rs 18,453 crore, which will create 27,591 jobs, were logged, increasing the combined employment potential to nearly 90,000 opportunities.

The CM underlined Odisha’s shift towards value-added manufacturing, backed by stable governance, an industry-ready workforce, and expanding port-led connectivity. He pointed to the state’s transition from resource supplier to processed and advanced manufacturing hub, positioning Odisha as a co-driver of the Purvodaya vision for eastern India’s industrial rise.

Industries and Skill Development Minister Sampad Swain, who was part of the delegation, reiterated the state’s focus on accelerating approvals, sector-specific facilitation, and capacity building to meet the needs of new investment.

Officials said the engagements contribute to the government’s long-term vision for 2036–2047, converting intent into projects and reinforcing Odisha’s aim to anchor the next wave of industrial expansion in the region.

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