THEBUSINESSBYTES BUREAU

BHUBANESWAR, APRIL 8, 2026

 “Odisha is no longer just a state of possibilities. Our state is now experiencing the touch of prosperity,” said Chief Minister Mohan Charan Majhi on Wednesday while inaugurating and laying foundation stones for 36 major industrial projects worth ₹40,811 crore at Bhuinpur in Begunia block of Khurda district, marking a major stride in the state’s accelerating industrial transformation.

Describing the occasion as a defining milestone in Odisha’s development trajectory, the Chief Minister termed the large-scale investment push as part of the state’s emerging “second industrial revolution”, reinforcing its position as a fast-growing manufacturing and investment destination. Of the 36 projects, 25 were inaugurated while foundation stones were laid for 11 new ventures spanning green energy equipment, metals and downstream industries, textiles and apparel, plastics, tourism, agriculture and food processing, defence manufacturing, IT, automobile and cement sectors.

Highlighting the employment potential, Majhi stated that the projects are expected to generate over 59,000 direct and indirect jobs, significantly strengthening livelihoods and industrial capacity. He noted that in the past 18–20 months, the state has witnessed the launch or groundwork of 109 projects worth nearly ₹2.5 lakh crore, creating around 1.76 lakh employment opportunities. With the addition of the latest investments, Odisha’s job creation momentum has gained further strength.

Emphasising the state’s growing self-reliance, the Chief Minister said many products that were earlier imported will now be manufactured within Odisha, enabling local industries to integrate with global value chains. He added that the state’s strong push on infrastructure, backed by an allocation of over ₹72,000 crore in the current budget — about 6.5 percent of the Gross State Domestic Product — is significantly improving connectivity and industrial readiness.

Majhi further said that the period leading up to 2036 represents a decisive decade for Odisha’s economic rise, stressing that growth aligned with Odia Asmita (pride) remains central to the government’s development agenda. Prior to the public event, he chaired a high-level roundtable with investors from across India and abroad, assuring them of timely approvals and comprehensive facilitation support, including land, power, water and communication infrastructure.

Industries Minister Sampada Chandra Swain emphasised that the initiative reflects the government’s focus on building a resilient and diversified industrial ecosystem driven by implementation and results.

Bhubaneswar MP Aparajita Sarangi lauded the state’s proactive governance framework, while MLAs Prashant Jagdev and Pradeep Kumar Sahu also expressed confidence in Odisha’s industrial growth trajectory.

Among others, Chief Secretary Anu Garg, Additional Chief Secretary (Industries) Hemant Sharma, Adani Ports & SEZ Managing Director Karan Adani, along with representatives of participating companies, attended the programme.

The Chief Minister also visited project exhibition stalls and interacted with industry representatives, reaffirming Odisha’s commitment to investor confidence and sustainable industrial expansion.