Bhubaneswar: On Thursday, the Odisha government approved 22 industrial investment initiatives amounting to Rs 3,855 crore, expected to generate 7,765 jobs, according to officials.
The State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Anu Garg, granted approval for these proposals, as stated in an official release.
The projects cover 11 different sectors, including tourism, biofuels, manufacturing, aerospace and defense, chemicals and petrochemicals, infrastructure, plastics, pharmaceuticals, global competency centers, steel, and paper packaging.
These initiatives are slated to be implemented across 12 districts: Anugola, Baleshwar, Bhadrak, Kataka, Ganjam, Jajpur, Jharsuguda, Khordha, Nayagada, Puri, Sambalpur, and Sundaragada, the statement indicated.
Among the approved projects are seven tourism initiatives, which involve investments of Rs 1,035.62 crore, along with three biofuel projects totaling Rs 680 crore.
Additionally, the panel approved a project in the plastics sector valued at Rs 529.91 crore and two manufacturing proposals with a combined investment of Rs 251 crore.
Furthermore, two investment proposals in the aerospace and defense sector worth Rs 117 crore, two chemical and petrochemical projects totaling Rs 225 crore, one infrastructure project costing Rs 209.35 crore, a pharmaceutical project of Rs 152.69 crore, and one steel downstream proposal for Rs 72.81 crore were also cleared by the panel.
The government also sanctioned the creation of a Global Competency Centre in Khurda district, which will require an investment of Rs 82 crore.
In addition, a paper and packaging facility, aimed at producing caps and closures for bottled beverages, is set to be established in Nayagarh district with an investment of Rs 529.91 crore, as reported by the government.
