Major Boost for Odisha’s Economy: 23 Projects Approved Across Sectors
Bhubaneswar, March 17: The State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Anu Garg, on Tuesday approved 23 industrial investment proposals valued at Rs 4,510.65 crore. The projects are expected to create more than 10,000 employment opportunities, reinforcing Odisha’s position as a key industrial hub in eastern India.
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Forest and Wood-Based Sector
Century Plyboards (India) Limited received approval to establish a manufacturing facility in Koraput, with an investment of Rs 870.82 crore. The unit is expected to generate around 1,000 jobs and promote industrial growth in southern Odisha.
Chemical and Green Industry Sector
Pidilite Industries Limited will set up a manufacturing unit in Balasore with an investment of Rs 61 crore, creating 88 jobs. Paradeep Phosphates Limited plans to establish a sulphuric acid plant in Jagatsinghpur, investing Rs 425 crore and providing employment to 29 people.
Apparel and Technical Textiles Sector
Sonaselection India Limited will invest Rs 130 crore to set up a garment manufacturing unit in Khurda, generating 1,858 jobs. Alphatex Private Limited will establish a technical textiles unit in the same district with an investment of Rs 180 crore, creating 1,050 employment opportunities.
Pharmaceuticals and Medical Devices Sector
Alteus Life Limited plans a pharmaceutical manufacturing unit in Cuttack with an investment of Rs 236.90 crore, generating 549 jobs. Shreeji Imaging and Diagnostic Centre Private Limited has received clearance to establish a specialized medical facility in Khurda, investing Rs 53.55 crore and providing employment for 36 people.
Manufacturing and Engineering Sector
Nipha Limited will set up an agricultural equipment manufacturing facility in Khurda with an investment of Rs 164 crore, expected to create 300 jobs.
Aluminium and Metal Downstream Sectors
Odisha Special Grade Alumina Ltd will establish a unit in Koraput with an investment of Rs 88.16 crore, generating 66 jobs. In the steel and metal sector, Scan Steels Limited plans a MS pipe and galvanizing unit in Sundargarh with an investment of Rs 255 crore, creating 350 jobs, while Navprakriti Green Energies Private Limited will establish a metal extraction facility in Balasore, investing Rs 105 crore and generating 540 jobs.
Food Processing Sector
Coastal Biotech Private Limited will invest Rs 350 crore to set up an agro-processing unit in Kalahandi, generating 500 employment opportunities.
IT and ITES Sector
PricewaterhouseCoopers Services LLP has received approval to establish a technology delivery center in Khurda, with an investment of Rs 60 crore.
These approvals are part of Odisha’s ongoing efforts to boost industrialization across multiple sectors, create employment, and attract investment, strengthening the state’s economic growth and industrial footprint.
