The Odisha government has approved a total of 19 investment initiatives amounting to ₹3,280.58 crore, which is anticipated to create around 10,661 jobs across ten districts. This move aims to diversify the state’s industrial landscape beyond its conventional manufacturing sector.
The approvals were granted by the State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Anu Garg. The projects encompass various sectors including technology-enabled services, global capability centres (GCCs), compressed biogas, technical textiles, tourism, food processing, chemicals, and downstream steel manufacturing.
Among the approved initiatives is Tata Power’s proposal to set up a GCC in Khordha, which entails an investment of ₹54.31 crore and is expected to create 110 jobs. This marks the second GCC project approved under Odisha’s GCC Policy, following the earlier approval for Sentraforge AI’s initiative. The state is focused on enhancing technology-driven industries around Bhubaneswar while leveraging its existing IT, electronics, and data infrastructure.
The most substantial investment among these approvals comes from Indian Oil Corporation, which plans to develop a compressed biogas manufacturing network across eight districts with an investment of ₹960 crore, aimed at achieving a production capacity of 39,600 tonnes per year and potentially creating 760 jobs.
Additionally, Kineta Global Ltd has received approval for a compressed biogas facility in Ganjam, which will have a capacity of 8,250 tonnes per year and involve an investment of ₹170 crore, creating 170 jobs. Together, these two projects represent ₹1,130 crore of the total approved investments.
Projects focused on technical textiles and apparel are projected to significantly contribute to job creation. Sai Workwear Pvt Ltd plans to invest ₹59 crore in Puri to establish an integrated facility for producing technical textiles, including fire-retardant workwear and protective gear, with an estimated 3,650 jobs, the highest among the proposals.
Dollar Industries intends to invest ₹125 crore in Khordha to launch a comprehensive hosiery manufacturing unit, expecting to create 1,185 jobs. Similarly, Shri Dakshineshwari Maa Polyfabs Ltd will invest ₹401.63 crore in Khordha to produce 40,000 tonnes per annum of polypropylene woven and non-woven fabrics and bags.
Two food processing ventures have also been approved. Geofast Industries (India) Ltd will invest ₹120 crore in Khordha for a facility focused on snacks and savouries, while Jai Bhawani Foods Pvt Ltd is set to invest ₹100 crore in Cuttack for a food and confectionery co-packaging unit.
Additionally, three downstream steel projects with a total investment exceeding ₹350 crore have been authorized. SPS Arihant Steel Structures will allocate ₹140 crore in Debagarh for the production of steel I-girders and related products. Steeledge Fabrication is set to invest ₹108.82 crore in Sundargarh for a fabrication and machining unit, while Bhubaneswar Udyog will invest ₹101.99 crore in Cuttack for manufacturing GI sheets and structural components.
The state has also approved projects related to construction chemicals, petrochemical solvents, and waste processing. Aquaproof Wallcare India Pvt Ltd will establish a ₹62.64 crore construction chemicals facility in Cuttack, while Asipiya Chemicals and Solvent Pvt Ltd will invest ₹60 crore in Jagatsinghpur for a petroleum and petrochemical solvent distillation unit.
In the circular economy sector, Ramuka Global LLP has been approved for a ₹50.15 crore iron and steel slag processing facility in Angul, intended to produce various slag products.
Tourism initiatives accounted for five of the approved projects, with investments planned in Ganjam, Jharsuguda, Koraput, and Puri. BBB Hotel Pvt Ltd will invest ₹208.04 crore in a five-star hotel in Ganjam, while Hotel Sea Pearl Orissa Pvt Ltd plans to invest ₹180 crore in a five-star beach resort in Puri in collaboration with Accor.
Highland Hotels and Resorts Pvt Ltd is set to invest ₹150 crore in a four-star resort in Jharsuguda, which is expected to create 250 jobs. Puri Eco-Tourism and Resorts Pvt Ltd and Odyssey Leisure Pvt Ltd will also invest ₹124 crore and ₹105 crore respectively in four-star resorts in Puri and Koraput.
Chief Secretary Garg emphasized that the government is promoting initiatives that enhance the value of local resources, improve supply chains, and foster sustainable economic opportunities.
