Bhubaneswar: On Thursday, the Odisha government approved a total of 22 industrial investment proposals valued at Rs 3,855 crore, which are anticipated to create 7,765 new job opportunities, according to officials. The State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Anu Garg, granted the approvals, as detailed in an official statement.
The approved projects cover 11 different sectors, including tourism, biofuel, manufacturing, aerospace and defense, chemicals and petrochemicals, infrastructure, plastics, pharmaceuticals, global competency centers, steel production, and paper packaging. These initiatives are set to be located across 12 districts: Angul, Balasore, Bhadrak, Cuttack, Ganjam, Jajpur, Jharsuguda, Khurda, Nayagarh, Puri, Sambalpur, and Sundargarh, the statement revealed.
Among the approved initiatives, seven tourism projects with a combined investment of Rs 1,035.62 crore and three biofuel projects totaling Rs 680 crore received clearance. Additionally, a project in the plastics sector worth Rs 529.91 crore and two manufacturing proposals amounting to Rs 251 crore were also sanctioned.
The panel further approved two investment proposals in the aerospace and defense sector, totaling Rs 117 crore, alongside two projects in the chemicals and petrochemicals sector worth Rs 225 crore. Other approvals included one infrastructure project at Rs 209.35 crore, a pharmaceutical venture worth Rs 152.69 crore, and a steel downstream project valued at Rs 72.81 crore.
Moreover, the establishment of a Global Competency Centre in Khurda district with an investment of Rs 82 crore was also sanctioned. Additionally, a proposal for a paper and packaging unit in Nayagarh district, focusing on manufacturing caps and closures for bottled beverages with an investment of Rs 529.91 crore, was approved by the government.
