Bhubaneswar: The state government has approved 22 industrial investment proposals worth Rs 3,855.38 crore, with the potential to generate 7,765 employment opportunities in Odisha.  

The proposals were approved at the 151st State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary of Anu Garg, in the capital city on Thursday.

The approved projects span 11 sectors: Tourism, Biofuel, Manufacturing, Aerospace and Defence, Chemicals and Petrochemicals, Infrastructure, Plastics, Pharmaceuticals, Global Competency Centres, Steel (Downstream), and Paper (Packaging).

The proposed investments reflect Odisha’s diverse industrial priorities, combining traditional manufacturing and downstream industries with emerging areas such as aerospace and defence, compressed biogas and specialised chemical production, alongside pharmaceutical manufacturing, logistics infrastructure, technology-enabled services and tourism development, said the state government.

The projects are spread across 12 districts of Odisha: Angul, Balasore, Bhadrak, Cuttack, Ganjam, Jajpur, Jharsuguda, Khordha, Nayagarh, Puri, Sambalpur and Sundargarh. This geographical spread is expected to support industrial development across multiple regions, create local employment opportunities and encourage economic activity around the proposed projects, it added.

Key Approved Projects

Paper, Packaging and Plastics

The paper, packaging and plastics sectors account for two significant proposed investments, together worth Rs 1,029.91 crore, with an employment potential of 1,960.

Alisha Torrent Closures (India) Private Limited will invest Rs 529.91 crore in Nayagada to manufacture caps and closures for bottled beverages, with the potential to generate 250 jobs.

Stark Ridge Private Limited will invest Rs 500 crore in a paper and paper products manufacturing unit in Khordha, expected to create 1,710 jobs. The facility is proposed to have an annual production capacity of 108,000 MT of corrugated boxes, 48,000 MT of paper bags, 48,000 MT of mono cartons and 99,000 MT of paper.

Biofuel: Expanding compressed biogas production

Three proposed Compressed Biogas (CBG) projects account for a combined investment of Rs 680 crore and an employment potential of 984. The projects are planned in Angul, Jajpur, Sambalpur, Sundargarh and Balasore, extending biofuel-related industrial activity across multiple districts.

Indian Oil Corporation Limited will invest Rs 360 crore in a 14,850 TPA CBG manufacturing facility across Angul, Jajpur and Sambalpur, with the potential to generate 745 jobs. Kineta Global Limited will establish an 8,250 TPA CBG facility in Sundargarh with an investment of Rs 170 crore, creating 170 jobs.

Sree Metaliks Bio Energy Limited will invest Rs 150 crore in a 6,600 TPA CBG production facility in Balasore, expected to generate 69 jobs.

Together, the projects represent proposed CBG production capacity of 29,700 tonnes per annum. They add scale to Odisha’s biofuel sector and broaden the geographical footprint of investment in alternative energy production.

Steel downstream and industrial manufacturing

Three projects in steel downstream and industrial manufacturing represent a combined proposed investment of Rs 323.81 crore, with an employment potential of 634.

Saha Steel Private Limited will invest Rs 72.81 crore in Sambalpur to manufacture 24,000 MT of pre-engineered building systems and 7,500 MT of cold-formed purlins, girts, decking and profile sheets. The project is expected to generate 280 jobs.

MPIL Steel Structures Limited will establish a heavy steel structure fabrication plant with a capacity of 25,000 MT in Jajpur, involving an investment of Rs 200 crore and an employment potential of 200.

Armour Industries will invest Rs 51 crore in Sundargarh in a manufacturing facility covering structural steel fabrication, plate-work, blast furnace equipment, wagon-tippler systems, mining and material-handling equipment, and precision-machined components. The project is expected to create 154 jobs.

Chemicals and petrochemicals

The chemicals and petrochemicals segment will receive two proposed investments worth Rs 225 crore, with an employment potential of 405.

Aarish Coating Technology LLP will establish an industrial paint manufacturing facility in Khordha with an investment of Rs 50 crore, expected to generate 200 jobs. Proec Energy Limited will invest Rs175 crore in Bhadrak to manufacture 18,000 TPA of calcined petroleum coke and 9,000 TPA of graphitized petroleum coke, creating a potential 205 jobs.

Aerospace and defence manufacturing

Two proposed projects in Khordha will bring Rs117 crore in investment to the aerospace and defence sector, with an employment potential of 1,170.

Stonehawk Technologies Private Limited will invest ₹65 crore in an integrated manufacturing facility for drones and unmanned aerial systems, with the potential to generate 800 jobs. Classic Tecnologistics & Trade Private Limited will invest ₹52 crore in an integrated aerospace manufacturing facility, expected to create 370 jobs.

Pharmaceutical units

Amritash Healthcare Pvt. Ltd. – Unit II will invest Rs152.69 crore in a pharmaceutical products manufacturing facility in Khordha, with the potential to generate 520 jobs.

The proposed facility will have a production capacity of 1,500 million tablets, 210 million capsules and 48 million injections. The project adds substantial proposed production capacity to Odisha’s pharmaceutical manufacturing sector and strengthens the State’s presence in a specialised, value-added industry.

Logistics infrastructure

RB Abodes Private Limited will establish an Integrated Logistics Park in Ganjam with an investment of Rs 209.35 crore, generating a potential 345 jobs. The project will also include a 5 MW rooftop solar power plant.

The proposed investment combines logistics infrastructure with on-site renewable energy generation, adding to the state’s infrastructure portfolio and supporting the development of facilities for goods movement and related commercial activity.

Hospitality sector

Tourism accounts for six proposed projects with a combined investment of Rs 1,035.62 crore and an employment potential of 1,337. The projects cover hotels, luxury resorts and a convention centre across Khordha, Jharsuguda, Puri and Cuttack.

Ashirbad Engineering and Construction Private Limited will invest Rs 310 crore in a five-star hotel in Khordha, with the potential to generate 270 jobs. Swami Resorts Private Limited will establish another five-star hotel in Khordha with an investment of Rs 153 crore, creating 249 jobs.

The Royale Nest Hospitality Private Limited will invest Rs 150 crore in a five-star luxury resort with a convention centre in Jharsuguda, generating a potential 193 jobs. In Puri, Srikrishna Estates and Construction Pvt. Ltd. will invest Rs 135 crore in a high-end destination resort, creating 235 jobs.

KP Prime Assets Private Limited will establish a five-star luxury hotel with an investment of Rs 120 crore, generating 250 jobs. Maa Bhattarika Minerals will invest Rs 64.04 crore in a four-star riverfront resort, Mahanadi Alaya, in Cuttack, with an employment potential of 150.

Global competency centre

Linde South Asia Services Pvt. Ltd. will establish a Global Competency Centre in Khordha for transport operations and remote operations, with an investment of Rs 82 crore and an employment potential of 210.

The project adds a services-sector component to the investment portfolio, complementing the manufacturing-led proposals and broadening the range of economic activities represented in the approvals.