{"id":56489,"date":"2026-02-10T18:19:10","date_gmt":"2026-02-10T18:19:10","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/?p=56489"},"modified":"2026-02-10T18:19:10","modified_gmt":"2026-02-10T18:19:10","slug":"odisha-approves-%e2%82%b94100-crore-investment-creates-10000-jobs","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2026\/02\/10\/odisha-approves-%e2%82%b94100-crore-investment-creates-10000-jobs\/","title":{"rendered":"ODISHA APPROVES \u20b94,100 CRORE INVESTMENT, CREATES 10,000 JOBS"},"content":{"rendered":"

23 investment proposals cleared, covering 11 districts<\/strong><\/p>\n

\u00a0<\/strong>Bhubaneswar, 10th<\/sup> February 2026<\/strong>: (Odisha Samachar \/ Rajat Mohapatra)-The Government of Odisha, progressing under the visionary leadership of Hon\u2019ble Chief Minister Shri Mohan CharanMajhi, continues its journey from vision to action in driving industrial growth. Under his guidance, the State, through the 144th<\/sup> State Level Single Window Clearance Authority (SLSWCA) chaired by the Chief Secretary Ms.AnuGarg, has approved 23 industrial investment proposals with a total investment of \u20b94111.80crore, generating 9924employment opportunities. These approvals mark another major milestone towards strengthening Odisha\u2019s industrial ecosystem and accelerating job-led economic growth.\"\"<\/p>\n

The approved projects span a wide range of sectors including Mechanical & Electrical Capital Goods, Apparel & Textiles, Aerospace & Defence Manufacturing, Shipbuilding & Ship Repair, Pharmaceuticals, Chemicals, Refractories, Aluminium Downstream Industries, Mineral Beneficiation, Metal Downstream, Plastics, Glass Manufacturing, Logistics & Warehousing, Infrastructure, and Tourism & Hospitality, reflecting the State\u2019s diversified, future-ready and resilient industrial strategy.<\/p>\n

The projects will be implemented across eleven districts \u2013Balasore,Bhadrak,Cuttack,Debagarh,Ganjam,Jajpur,Khordha, Koraput, Puri, Sambalpurand Sundargarh<\/strong>, ensuring regionally balanced industrial development and expanded employment opportunities.<\/p>\n

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Key approved projects: <\/strong><\/p>\n

In the mechanical and electrical capital goods sector, Nipha Limited will establish a railway component manufacturing in Khordha with an investment of \u20b9384 crore, creating 310 jobs. Strengthening Odisha\u2019s position in advanced manufacturing, Inventgrid India Private Limited will set up an Advanced Multi-Drone Manufacturing Centre in Ganjam with an investment of \u20b9300 crore, generating 1,000 jobs, marking a major step in the State\u2019s aerospace and defence manufacturing ecosystem.\"\"<\/p>\n

In the maritime and shipbuilding sector, Northern expressInfradevelopers Private Limited will develop a shipbuilding and ship-repair facility in Bhadrak with an investment of \u20b9339.40 crore, creating 507 employment opportunities and positioning Odisha as an emerging maritime industrial hub.<\/p>\n

In the apparel and textiles sector, J.G. Hosiery Private Limited will establish an apparel manufacturing unit in Khordha with an annual production capacity of 149.76 million pieces, with an investment of \u20b9100 crore, generating 2,350 jobs, making it one of the highest employment-generating projects in this clearance.<\/p>\n

In the pharmaceuticals and chemicals sectors, AlventaPharma Limited will set up a pharmaceutical formulation unit in Khordha with an investment of \u20b9100 crore, creating 250 jobs, while Blue Mount Energy Private Limited will establish a sorbitol manufacturing unit in Cuttack with a production capacity of 17,000 MT per annum, with an investment of \u20b9100 crore, generating 100 jobs. Growing Tree Oil Refinery Private Limited will develop an integrated solvent extraction unit, oil refinery, fish feed, prawn feed, cattle feed and poultry feed manufacturing complex in Cuttack with an investment of \u20b9100 crore, creating 250 jobs, strengthening agro-processing and chemical value chains.<\/p>\n

In the refractories and aluminium downstream sectors, Sarvesh Refractories Ltd will expand its existing unit by setting up a silica brick manufacturing plant in Sundargarh with an investment of \u20b962 crore, generating 100 jobs, while Jharkhand Grind Chem Private Limited will establish a refractories unit in Jajpur with an investment of \u20b967.15 crore, creating 225 jobs. Romco Aluminates (Koraput) Private Limited will set up an alumina-based refractories manufacturing unit in Koraput with an investment of \u20b954.50 crore, generating 100 jobs, strengthening aluminium downstream industrialisation in southern Odisha.<\/p>\n

In the plastics, glass and packaging sectors, Yash Flexi Pack Private Limited will establish a 12,400 MT flexible packaging products unit in Balasore with an investment of \u20b951 crore, creating 150 jobs, while JBSS Glass Private Limited will set up a glass manufacturing unit in Cuttack with an investment of \u20b950.85 crore, generating 263 jobs, expanding Odisha\u2019s industrial manufacturing base.<\/p>\n

In the steel, Mineral beneficiation and ancillaries \u00a0metal downstream sectors, multiple large-scale projects have been approved including KalingaMetalics Limited\u2019s 4 MTPA iron ore beneficiation plant in Sundargarh with an investment of \u20b9600 crore, creating 700 jobs; Shree Ram Iron and Alloys Private Limited\u2019s 0.8 MTPA pellet plant in Debagarh with an investment of \u20b9250 crore, generating 475 jobs; Rashmi Metallurgical Industry Private Limited\u2019s 3.0 MTPA iron ore beneficiation plant with tailing pond in Sundargarh with an investment of \u20b9350 crore, creating 200 jobs; Aryas Ore Refinery Private Limited\u2019s iron ore beneficiation plant in Sundargarh with an investment of \u20b951 crore, generating 149 jobs; and Eastside Subh Steel Private Limited\u2019s steel processing unit in Sundargarh with an investment of \u20b960.05 crore, creating 130 jobs, significantly strengthening Odisha\u2019s mineral-based industrial value chain.<\/p>\n

In the logistics, warehousing and infrastructure sector, Shrishti Trading Corporation Private Limited will develop a logistic park and warehousing facility in Cuttack with an investment of \u20b9160.75 crore, generating 595 jobs, enhancing industrial connectivity and supply chain efficiency.<\/p>\n

In the tourism and hospitality sector, multiple premium hospitality projects have been approved including a 5-star hotel by MK Assets Private Limited in Khordha with an investment of \u20b9210 crore, creating 240 jobs; a 5-star luxury hotel by Manjeera Hotels and Resorts Private Limited in Puri with an investment of \u20b9200 crore, generating 450 jobs; a 4-star hotel by Panda Resorts Private Limited in Puri with an investment of \u20b970 crore, creating 240 jobs; and a 4-star hotel by Shankari Devi Enterprise in Sambalpur with an investment of \u20b964.10 crore, generating 165 jobs, significantly strengthening Odisha\u2019s high-end tourism infrastructure.<\/p>\n

\nIn the plastics sector, Water Tech India Private Limited will establish a facility for plastic-based products in Ganjam with an investment of \u20b9387 crore, generating 975 jobs and enhancing industrial connectivity and supply chain efficiency.<\/p>\n

These 23 projects together account for a total investment of <\/strong>\u20b9<\/strong>4111.80crore and 9924employment opportunities<\/strong>, reaffirming Odisha\u2019s position as a high-potential investment destination in Eastern India. With strong sectoral diversity spanning traditional manufacturing to aerospace, defence, advanced manufacturing, logistics, infrastructure and premium tourism, the State is building a resilient and future-ready industrial base.<\/p>\n

The Single Window system continues to enhance ease of doing business by ensuring time-bound, coordinated approvals and proactive investor facilitation, enabling swift conversion of investment intent into grounded projects. Aligned with the long-term vision of SamruddhaOdisha 2036, these approvals underscore the State Government\u2019s focus on employment-intensive growth, sustainable industrialisation and balanced regional development.<\/p>\n

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23 investment proposals cleared, covering 11 districts \u00a0Bhubaneswar, 10th February 2026: (Odisha Samachar \/ Rajat Mohapatra)-The Government of Odisha, progressing under the visionary leadership of Hon\u2019ble Chief Minister Shri Mohan CharanMajhi, continues its journey from vision to action in driving industrial growth. Under his guidance, the State, through the 144th State Level Single Window Clearance …<\/p>\n","protected":false},"author":1,"featured_media":56490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[40],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/56489"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=56489"}],"version-history":[{"count":1,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/56489\/revisions"}],"predecessor-version":[{"id":56492,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/56489\/revisions\/56492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/56490"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=56489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=56489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=56489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}