In a significant move to bolster its industrial ecosystem, the Odisha government has granted approval for 11 diverse industrial projects, amounting to a total investment of ₹3,266 crore. The State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary PK Jena, marked a pivotal moment for the state’s economic development.
The projects span various sectors, including metal downstream and ancillary, chemicals, food processing, agro-processing, plastics, textiles and apparel, IT & ESDM, and renewable energy. Spread across Balasore, Bolangir, Kalahandi, Khurda, and Jajpur districts, these initiatives are expected to generate employment opportunities for approximately 9,146 individuals.
Noteworthy among the projects is Nestle India Limited’s foray into Odisha’s food processing sector with an investment exceeding ₹890 crore. This significant venture by the multinational food-processing company will establish a new unit, creating employment for over 800 people.
Colortone Garments Private Limited, a subsidiary of First Step Baby-Wear and the second-largest baby-wear manufacturer in India, plans to set up an integrated apparel manufacturing facility and a 1.2 MW rooftop captive solar power plant. With an investment exceeding ₹200 crore, this project is expected to provide employment to more than 4,820 individuals.
Himadri Specialty Chemical Limited, a leading name in the chemicals sector, has also received approval to establish its first chemical manufacturing unit in Odisha. This venture, with an investment of over ₹980 crore, aims to create employment opportunities for more than 1,400 people.
Furthermore, Odisha is witnessing a surge in investments in the plastics sector. Three key projects were approved during the meeting. IDVB Recycling Operations Private Limited will establish a new unit for recycled pet flakes and recycled per-resin products, creating job opportunities for over 240 people. Purv Packaging Private Limited will set up a manufacturing unit for plastic caps, pet preforms, and allied products, employing over 133 individuals. Additionally, RDB Rasayans Limited will establish a manufacturing unit for flexible intermediate bulk containers and allied products, providing employment to over 390 people.
While Odisha’s prowess in steel, stainless steel, alumina, and aluminum production remains unmatched, the state is also expanding its presence in the metal downstream and ancillary sectors. Beekay Utkal Steel Private Limited and IFGL Refractories Limited have been given the green light for their projects, with a combined investment of over ₹260 crore. These initiatives are projected to employ more than 350 individuals.
In the IT & ESDM sector, Nisum Consulting Private Limited has received approval to set up a software development center facility with an investment of ₹200 crores. This venture is expected to generate employment opportunities for over 640 people in Odisha.
The approval of these projects reflects Odisha’s commitment to diversify its industrial landscape beyond mining and metallurgy. The state has successfully attracted prominent national and multinational companies across various sectors, showcasing its potential as a preferred investment destination. With a focus on employment generation and sustainable growth, these ventures will contribute significantly to Odisha’s economic progress and provide valuable opportunities for the local workforce.
