THEBUSINESSBYTES BUREAU

BHUBANESWAR, MARCH 17, 2026

Reaffirming its commitment to accelerated industrialisation and its pivotal role in the vision of Purvodaya — the rise of Eastern India as a growth engine — the Government of Odisha, under the leadership of Mohan Charan Majhi, has approved a fresh wave of investments aimed at building a robust, future-ready industrial ecosystem through progressive policies and proactive investor facilitation.

In a significant boost to the State’s industrial momentum, the 145th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Anu Garg, cleared 23 industrial investment proposals with a total outlay of ₹4,510.65 crore. These projects are expected to generate 10,122 employment opportunities, reinforcing Odisha’s emergence as a leading industrial destination in eastern India while driving inclusive economic growth.

The approvals reflect Odisha’s strategic emphasis on employment-led industrialisation, sectoral diversification, and balanced regional development, in alignment with the broader national vision of Purvodaya. Spanning a diverse mix of established and emerging industries, the projects underline the State’s commitment to fostering a resilient, sustainable, and innovation-driven industrial ecosystem.

The investment portfolio cuts across a wide spectrum of sectors, including wood-based industries, chemicals, apparel and technical textiles, pharmaceuticals, medical devices, manufacturing, aluminium and steel downstream industries, electrical equipment, food and agro processing, gemstones and jewellery, infrastructure, IT & ITES, and tourism and hospitality.

Geographically, the projects will be implemented across eleven districts — Balasore, Bolangir, Cuttack, Jagatsinghpur, Kalahandi, Keonjhar, Khordha, Koraput, Puri, Sambalpur, and Sundargarh — ensuring deeper industrial penetration and balanced regional growth across Odisha.

Among the key approvals, Century Plyboards (India) Limited will set up a major manufacturing facility in Koraput with an investment of ₹870.82 crore, creating 1,000 jobs and boosting industrialisation in southern Odisha. In the chemicals and green industry segment, Pidilite Industries Limited will establish a unit in Balasore with ₹61 crore investment, while Paradeep Phosphates Limited will set up a sulphuric acid plant in Jagatsinghpur with an investment of ₹425 crore.

The apparel and technical textiles sector sees strong traction, with Sonaselection India Limited planning a ₹130 crore garment unit in Khordha generating 1,858 jobs, and Alphatex Private Limited setting up a ₹180 crore facility, creating 1,050 employment opportunities — significantly strengthening labour-intensive manufacturing.

In pharmaceuticals and healthcare, Alteus Life Limited will establish a ₹236.90 crore unit in Cuttack generating 549 jobs, while Shreeji Imaging & Diagnostic Centre Private Limited will set up a specialised medical facility in Khordha, enhancing advanced healthcare infrastructure.

The manufacturing and engineering segment will be bolstered by Nipha Limited, which plans an agricultural equipment unit in Khordha with ₹164 crore investment and 300 jobs. In aluminium downstream, Odisha Special Grade Alumina Ltd will establish a unit in Koraput, further strengthening the State’s metal ecosystem.

The steel and metal downstream space will witness major developments, with Scan Steels Limited and Llenroc Ventures setting up projects in Sundargarh, alongside a significant ₹610 crore expansion by Siddhiriddhi International Private Limited in Keonjhar, generating 1,500 jobs. Additionally, Sundar Steel Industries will establish a scrap processing unit in Cuttack, promoting sustainable industrial practices.

Further strengthening Odisha’s position as a metal hub, Navprakriti Green Energies Private Limited will invest ₹105 crore in a Balasore-based facility, creating 540 jobs. In electrical equipment, Abhisek Contech (India) Private Limited will set up a manufacturing unit in Khordha.

Rural industrialisation will get a boost with Coastal Biotech Private Limited establishing a ₹350 crore agro-processing unit in Kalahandi, generating 500 jobs. In high-value manufacturing, Nuvo Aeon Diamond and Jewellery Private Limited will expand its Khordha facility with ₹243.50 crore investment.

Infrastructure development will be strengthened by Chalah Infratech Private Limited, which will develop a logistics park in Sambalpur with an investment of ₹174.10 crore, enhancing supply chain efficiency. In the digital economy space, PricewaterhouseCoopers Services LLP will set up a technology delivery centre in Khordha with ₹60 crore investment, creating 640 high-skilled jobs.

Tourism and hospitality projects across Koraput, Bhubaneswar, Bolangir, and Puri are also part of the approved portfolio, aimed at strengthening tourism infrastructure and generating substantial employment in the services sector.

Collectively, these approvals mark a decisive step in Odisha’s journey towards becoming a diversified industrial powerhouse, reinforcing its role as a key driver of economic growth in eastern India while ensuring inclusive development across regions and sectors.