THEBUSINESSBYTES BUREAU
BHUBANESWAR, AUGUST 20, 2025
In a major push towards its “Samrudha Odisha 2036” vision, the Government of Odisha has cleared fresh investments worth ₹4,515 crore across 18 strategic projects, expected to generate more than 8,200 employment opportunities. The approvals were granted at the 139th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Manoj Ahuja on Wednesday. The move marks another milestone in the state’s mission to drive inclusive, regionally balanced, and sustainable industrial growth under the leadership of Chief Minister Mohan Charan Majhi.
The newly approved projects will span eight districts — Angul, Dhenkanal, Ganjam, Jajpur, Jagatsinghpur, Khordha, Sundargarh, and Jharsuguda — ensuring equitable distribution of economic activity. The diversity of sectors, ranging from traditional steel and infrastructure to high-potential areas such as green energy, bio-fuels, electric vehicles, IT infrastructure, and tourism, reflects Odisha’s focus on building a future-ready industrial ecosystem.
A significant thrust is on the green energy sector. INOX Solar Ltd will set up a ₹283 crore, 5 GWh Battery Energy Storage System (BESS) assembly plant in Dhenkanal, creating 51 jobs. Jindal Stainless Ltd will establish a ₹90 crore green hydrogen unit in Jajpur, adding 89 jobs. In Ganjam, a Raipur-based company will invest ₹750 crore in a 2 GW solar cell manufacturing facility, generating 515 jobs.
In waste management, Gravita India Ltd will bring in ₹350 crore to set up a recycling facility in Angul, expected to create 270 jobs. The pharmaceutical sector is set to expand with Starcaps Global LLP investing ₹80 crore in Khordha, generating 145 jobs.
Tourism infrastructure also received a strong push. Padma Hospitality Pvt Ltd, SNM Hotels & Resorts Pvt Ltd, and Orissa Stevedores Ltd will collectively invest ₹363 crore in Jagatsinghpur to establish three-star to five-star properties, creating more than 700 jobs and boosting the hospitality landscape.
The bio-fuel sector will witness Vibrant Spirits Pvt Ltd investing ₹50 crore in a 4,000 MTPA compressed biogas plant in Sundargarh, expected to provide 725 jobs.
In steel and downstream industries, Konark Ispat Ltd will expand its integrated steel plant in Jharsuguda with a ₹990 crore investment, generating 2,000 jobs, while Betabuilds Technologies will invest ₹131.55 crore in a steel processing unit in Sundargarh, creating 400 jobs.
Infrastructure and logistics projects include Shree Jagannath Carriers Pvt Ltd’s ₹111.90 crore logistics park in Angul and Sapient Resources Pvt Ltd’s ₹70 crore coal washery, together adding 600 jobs and improving industrial connectivity.
Khordha district is emerging as a hub for advanced industries. Sanaka Auto Corp Ltd will invest ₹300 crore in an EV manufacturing plant with an annual capacity of 10,000 units, creating 145 jobs. In the IT and digital infrastructure space, Shreetech Data Ltd will set up a ₹501 crore hyperscale data centre, while West Edge Data Centres Pvt Ltd will invest ₹50.5 crore in a data centre and satellite internet services, together generating 640 jobs.
In the food and beverages segment, Elixir of East – The Artisan Distillery LLP and Associated Alcohols and Breweries Ltd will invest nearly ₹400 crore in Khordha, with a job potential of over 1,900.
With transparent governance, industry-friendly policies, and faster clearances, Odisha continues to consolidate its position as a premier investment destination. The approvals at the 139th SLSWCA meeting reaffirm the state government’s commitment to inclusive industrialization, value addition, and large-scale employment generation. Guided by strong leadership, Odisha is steadily advancing towards its long-term vision of becoming a prosperous, future-ready state.
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