In a significant boost to the state’s industrial and economic development, the Odisha government on Friday approved investment proposals worth ₹32,736 crore. These proposals, spread across eight transformative industrial projects, are expected to generate employment opportunities for over 18,688 people, according to an official statement.

The approvals were granted during a High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Mohan Charan Majhi. The projects span diverse sectors including chemicals, green energy equipment, shipbuilding and repair, and steel manufacturing, underlining Odisha’s focus on promoting multi-sectoral growth and sustainability.

Chief Minister Majhi emphasized the government’s commitment to creating a robust industrial ecosystem in Odisha. “These investments will strengthen the state’s economic foundation while creating significant employment opportunities,” he said.

The approved projects are aligned with the government’s broader agenda of fostering sustainable industrialization and attracting high-value investments. The infusion of capital into green energy and shipbuilding also aligns with Odisha’s push towards cleaner technologies and expanding its maritime economy.

This latest development further cements Odisha’s position as a favored destination for industrial investments in India. The government’s proactive approach, combined with its industry-friendly policies, continues to attract major investments, contributing to the state’s economic transformation.

Key Highlights:

• Total investment approved: ₹32,736 crore
• Employment opportunities generated: Over 18,688
• Sectors involved: Chemicals, green energy equipment, shipbuilding and repair, and steel.

The state’s industrial growth momentum is expected to continue, with similar initiatives in the pipeline to drive socio-economic progress in the region.