Odisha and Spain Forge Strategic Industrial Ties for Sustainable Growth
Key Ideas
  • Odisha and Spain are exploring collaboration in renewable energy, metallurgy, textiles, and automobiles, aiming for a high-value partnership.
  • Recent investments like TIMAB Magnesium India Pvt. Ltd. and discussions on sustainable metallurgy and clean energy projects showcase Odisha's commitment to growth.
  • The meeting between Ambassador Juan Antonio March Pujol and CM Mohan Charan Majhi sets the stage for technology-driven partnerships, emphasizing Odisha as a future-ready investment destination.
  • Ambassador Pujol's appreciation of Odisha's industrial ecosystem and the invitation extended to Spanish firms highlight the potential for long-term industrial, technological, and cultural cooperation.
Odisha and Spain are strengthening their industrial ties as Ambassador Juan Antonio March Pujol met Chief Minister Mohan Charan Majhi in Bhubaneswar. The discussions focused on collaboration in renewable energy, metallurgy, textiles, and automobiles, aiming to establish a high-value partnership. Recent investments like TIMAB Magnesium India Pvt. Ltd.'s ₹90 crore investment in a refractory manufacturing unit in Khordha, creating over 300 jobs, demonstrate Odisha's appeal for foreign investors. The state's emphasis on sustainable metallurgy technologies and clean energy projects, including floating solar parks, offshore wind farms, and green hydrogen initiatives, align with Spain's expertise and interest in these areas. Odisha's Renewable Energy Policy and integrated textile parks offer opportunities for Spanish companies like Siemens Gamesa, Acciona, and Iberdrola, as well as leading apparel brands like ZARA, Desigual, and Mango, to invest and collaborate. The meeting highlighted Odisha's skilled workforce, progressive policies, and industrial potential, paving the way for a new chapter in industrial, technological, and cultural cooperation between the two regions.
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