The 33rd High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Naveen Patnaik recently approved 12 key industrial projects with a cumulative investment of Rs 84,918.75 crore.
These projects would create employment opportunities for 42,281 people in Odisha.
These large investments will be made in the Apparel & Textiles, Green Hydrogen and Green Ammonia, Steel, Power & Renewable Energy, Chemical & Petro chemical downstream sectors further contributing to Odisha’s manufacturing capabilities.
These projects will be strategically located across the state including Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsuguda, Kendrapara, Malkangiri, Rayagada, Sambalpur and Sundargarh districts.
In Apparel & Textiles sector, Welspun Living Limited received the green light to establish an integrated Textile and Logistics Facility at Choudwar in Cuttack with an investment of Rs 3,050 crore and an employment potential of 20,210 people.
Besides, Welspun Corp Limited is set to invest Rs 3,137 cr on Steel downstream sector by setting up of 1,00,000 MT ERW Pipes, 3,00,000 MT DI Pipes, 1,00,000 MT HSAW Pipes and 10,00,000 Square Meter Pipe Coating Plant in Sambalpur district. The project is likely to generate employment for 3,830 people.
The government had earlier approved the project of Sintex BAPL, Welspun’s wholly owned subsidiary, for setting up a manufacturing unit for CPVC, UPVC,PVC fittings and plastic tanks in Sambalpur.
