SLSWCA approves 19 industrial project proposals worth Rs 3,663 crore

The State Level Single Window Clearance Authority of Odisha (SLSWCA) in a meeting, held on 30 September 2023, under the Chairmanship of Chief Secretary P K Jena approved 19 industrial project proposals with a combined investment of Rs 3,663 crore. 

The projects will likely generate employment opportunities for approximately 13,663 people and spread across sectors like apparel and textile, steel, plastics, renewable energy, agro and food processing sector and tourism over ten districts of the state.

The EPIC Group, an apparel manufacturer based in Hong Kong, through its subsidiary Trimetro Garments India Pvt. Ltd. is planning to invest Rs 376.85 crore in the establishment of its apparel manufacturing facility in Khordha. 

Time Technoplast Limited and Oricon Enterprise Limited are set to enhance the plastic sector with their manufacturing units in Khordha, with investments of Rs 57 crore and Rs 90 crore respectively. 

In the steel sector, Nezone Steel Utkal LLP, Advance Steel Tubes Limited, Nirmal Steels Private Limited, Rungta Mines Limited, Ferro Tech India Private Limited, and Super Sonic Logistics Private Limited. Collectively, these companies have invested over Rs 2,000 crore in regions such as Kalinganagar, Dhenkanal, and Sundergarh. Nezone Steel Utkal LLP is expanding its manufacturing capacity with the establishment of their second unit. In the renewable energy sector, Mahanadi Coalfields Limited (MCL), and Odisha Power Generation Corporation Limited (OPGCL) are launching solar power plants with investments of 297.61 crore and Rs 215.00 crore respectively. 

In the Agro and Food Processing sectors, Pragati Milk Products Pvt. Ltd. Is planning to set up ice-cream and baked product manufacturing plant in Chandanpur and Coastal Biotech Private Limited will set up a modern rice mill in Paralakhemundi, In the Infrastructure development, Koli Commercial LLP and Vimla Infrastructure (India) Pvt Ltd, both establishing Private Freight Terminals under the Gati Shakti Multi-Modal Terminal scheme.

Krupalu Kunja is setting up a Compressed Biogas and fermented organic manure plant in Jajpur with annual capacity 46,000 MT with an investment of Rs 73.25 crores.
Mayfair Hotels & Resorts Ltd’s Convention Centre in Paradeep, Jagatsinghpur, is expanding its capacity by 20 rooms.

Author: BizNewsOdisha