Odisha Advances Industrial Growth with Approval of Major Projects
Key Ideas
  • Odisha government approves ten major industrial projects worth Rs.1,65,303 crore, spanning key sectors like steel, aluminium, power generation, green hydrogen, and engineering goods.
  • Projects expected to generate over 51,939 jobs, strategically distributed across seven districts, playing a crucial role in bolstering Odisha’s industrial growth and economic development.
  • Leading companies like Vedanta, JSW Steel, Shyam Steel Works, and others will invest in setting up various facilities, emphasizing a shift towards green hydrogen, green energy, and sustainability.
  • The projects are set to pave the way for unprecedented economic expansion, reinforcing Odisha's position as a premier investment destination and driving the state towards a future of innovation and industrial excellence.
The Odisha government, under the leadership of Chief Minister Mohan Charan Majhi, has recently approved ten major industrial projects at the 40th High-Level Clearance Authority meeting. These projects, with a cumulative worth of Rs.1,65,303 crore, cover crucial sectors such as steel, aluminium, power generation, green hydrogen, engineering goods, and green energy equipment. The approvals signal a significant milestone in Odisha's industrial landscape, with a focus on job creation and economic development. The projects are estimated to create over 51,939 job opportunities, strategically spread across seven districts in the state. Leading companies like Vedanta, JSW Steel, Shyam Steel Works, and others are set to invest in establishing various facilities, emphasizing sustainable practices in sectors like green hydrogen, green energy, and steel production. The initiatives mark a new era of industrial growth for Odisha, positioning the state as an attractive investment hub. These projects are anticipated to drive unprecedented economic expansion, propelling Odisha towards a future characterized by innovation, sustainability, and industrial excellence.
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