Odisha Approves ₹3,855 Cr Projects, Eyes 7,765 New Jobs

Odisha approves 22 investment proposals worth ₹3,855.38 crore across 12 districts, targeting 7,765 jobs in tourism, biofuels, aerospace, pharmaceuticals, manufacturing, chemicals and infrastructure.

The Odisha government has approved 22 industrial investment proposals worth ₹3,855.38 crore, with the potential to generate 7,765 employment opportunities across 12 districts. The approvals, granted by the State Level Single Window Clearance Authority (SLSWCA), cover 11 sectors, including tourism, biofuels, aerospace and defence, pharmaceuticals, chemicals, manufacturing and infrastructure. The meeting was chaired by Chief Secretary Anu Garg.

Tourism and hospitality account for the largest share of the proposed investments, with seven projects worth ₹1,035.62 crore. These include five-star hotels, luxury resorts and a riverfront resort in districts such as Khordha, Jharsuguda and Puri. Paper, packaging and plastics projects represent another major investment segment, with proposals totalling approximately ₹1,029.91 crore.

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The state has also approved three compressed biogas projects worth ₹680 crore, which are expected to add a combined annual production capacity of 29,700 tonnes. Indian Oil Corporation will invest ₹360 crore in a facility with an annual capacity of 14,850 tonnes across Anugul, Jajpur and Sambalpur. Kineta Global and Sree Metaliks Bio Energy will establish additional facilities in Sundargarh and Balasore.

The aerospace and defence sector will receive two proposed investments worth ₹117 crore. These include a drone and unmanned aerial systems manufacturing facility by Stonehawk Technologies in Khordha, alongside an integrated aerospace manufacturing project proposed by Classic Tecnologistics and Trade.

In manufacturing, Alisha Torrent Closures will invest ₹529.91 crore in a facility producing caps and closures for bottled beverages in Nayagarh. Stark Ridge Private Limited has proposed a ₹500 crore paper manufacturing unit in Khordha, with production capabilities covering corrugated boxes, paper bags, mono cartons and paper products.

The approvals also include a ₹152.69 crore pharmaceutical manufacturing facility by Amritash Healthcare in Khordha, along with chemical and petrochemical projects worth ₹225 crore. These investments will support the production of petroleum coke products and industrial paints.

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Further proposals cover downstream steel manufacturing, logistics and business services. MPIL Steel Structures plans to invest ₹200 crore in a heavy steel fabrication plant in Jajpur, while RB Abodes has proposed a ₹209.35 crore integrated logistics park in Ganjam, including a 5 MW rooftop solar power plant. Linde South Asia Services will invest ₹82 crore in a global competency centre in Khordha.

The projects are spread across 12 districts and form part of Odisha’s efforts to diversify its industrial base, attract investment across emerging sectors and expand employment opportunities beyond its traditional metals and mining industries.