THEBUSINESSBYTES BUREAU

BHUBANESWAR, OCTOBER 14, 2026

Odisha Chief Minister Mohan Charan Majhi on Wednesday launched 53 industrial projects involving investments of Rs 39,383 crore across 14 districts, with the potential to generate employment for around 42,000 people, as the state steps up efforts to establish itself as a major manufacturing hub in India and globally, an official statement said.

The projects, involving 46 companies, were launched at a groundbreaking and inauguration ceremony in the Kalinganagar industrial belt of Jajpur district in the presence of Industries Minister Sampad Chandra Swain and industry representatives.

The investments are spread across Angul, Bargarh, Balasore, Boudh, Cuttack, Dhenkanal, Jajpur, Jagatsinghpur, Keonjhar, Khurda, Mayurbhanj, Puri, Sambalpur and Sundargarh districts, reflecting the state's push to broaden industrial development beyond established manufacturing centres.

The projects span a diverse range of sectors, including steel and metals, chemicals, renewable energy, food processing, biofuels, textiles and apparel, electronics and IT services, logistics, tourism, hospitality, industrial gases, infrastructure, shipbuilding, energy storage, healthcare, rubber and plastics, and circular economy initiatives.

Majhi said the investments would strengthen Odisha's industrial ecosystem, expand manufacturing capabilities and create fresh employment opportunities, particularly for young people and skilled and semi-skilled workers.

He said the projects would also promote value addition within the state and open up business opportunities for local suppliers, micro, small and medium enterprises (MSMEs) and entrepreneurs, helping create a broader industrial base and strengthen linkages between large industries and local businesses.

Describing the investments as a significant step towards building a self-reliant and prosperous Odisha, the chief minister said the state was working to emerge as a major manufacturing destination both nationally and internationally.

Taking a swipe at the previous BJD government, Majhi said his government had so far launched 116 industrial projects and inaugurated another 35, taking the total number of projects to 151.

These projects represent cumulative investments of Rs 3,11,722.46 crore and are expected to generate around 2,40,697 employment opportunities, the statement said.