The State Level Single Window Clearance Authority (SLSWCA) of Odisha recently approved 19 transformative projects worth Rs 4,804.35 cr, further strengthening the state’s position as an investment destination. The 125th meeting of SLSWCA was held under the guidance of Chief Secretary Pradeep Kumar Jena. The proposed projects have the potential for creating 17,553 employment opportunities.
The significant investments are in key sectors such as Apparel & Textiles, Steel Downstream, Paint (Chemical), Plastics, Packaging/Metal Downstream, Chemicals, Food, Beverage & Allied Sectors, Steel (Ferroalloys), IT Infrastructure, Agro Processing, Renewable Energy/Circular Economy, and Infrastructure. These diverse investments not only enhance Odisha’s manufacturing capabilities but also showcase the region’s rich mineral resources, metallurgical expertise, and commitment to technological advancements in the IT sector.
The Agro Industry has seen notable advancements, tapping into the state’s cultivation potential. Spread across 10 districts, these strategic investments reflect a comprehensive and widespread industrial development strategy for Odisha.
Welspun Living Limited is investing Rs 200.00 crore to establish a Textile Facility in Kendrapada, creating 2,000 jobs in the Apparel & Textiles sector, enhancing regional economic growth.
Modulus Oleochem and Surfactants Private Limited’s comprehensive Chemical Manufacturing unit in Baliapal Industrial Estate, Balasore, is a Rs 313.51 Crore investment that will boost the Chemicals sector, offering employment for 300 individuals.
Transnova Express India Private Limited invests Rs 120.39 Crores in a Chemical Hub in Khordha, setting up a Bulk Industrial Chemical Storage, Re-packing, and Handling facility, offering 258 potential jobs.
These projects spanning across diverse sectors from Apparel & Textiles to Infrastructure reflects Odisha’s Multifaced growth strategy and steps towards industrial development.
