In a significant move to boost economic development and employment generation, Odisha Chief Minister Mohan Charan Majhi has laid the foundation stone for 27 new industrial projects across 12 districts, with a total investment commitment of ₹25,380 crore. These projects are expected to create more than 51,826 jobs, supporting the state’s mission of inclusive and regionally balanced growth.
Odisha Strengthens Position as Top Investment Destination
The state government is positioning Odisha as a competitive and business-friendly investment hub. It has committed to offering industry-leading incentives, a stable administrative environment, and a proactive approach to industrial facilitation. With a strong focus on ease of doing business, Odisha continues to attract major players across diverse sectors.
Employment Generation and Local Empowerment at the Core
A key highlight of the state’s industrial strategy is its focus on employment for local populations. Since the beginning of the current administration, approximately 80% of the jobs created by industrial projects have been secured by Odia residents, demonstrating a strong commitment to regional development and economic inclusion.
Odisha is also undergoing a strategic transformation — shifting from traditional mineral-based industries to high-value manufacturing sectors. This aligns with long-term development visions including Samruddha Odisha 2036 and Viksit Bharat 2047, aiming to elevate the state’s position in the global manufacturing value chain.
Robust Industrial Pipeline Over 15 Months
Over the last 15 months, the state has approved 260 industrial projects, attracting proposed investments worth ₹5.6 lakh crore with the potential to generate 3.6 lakh jobs. Out of these, 84 projects — representing ₹2 lakh crore in investment — have already started groundwork and are expected to create 1.64 lakh jobs in the coming years.
Major Projects and Key Sectors
The foundation stone ceremony also featured the virtual launch of multiple high-impact projects by leading companies, including:
- SRF Ltd at Gopalpur SEZ
- Epsilon in Jharsuguda
- Bajrang Steel & Power Ltd in Khurda
- Sova Solar in Angul
- Greenply Industries in Koraput
These projects span high-growth sectors such as renewable energy, textiles, pharmaceuticals, chemicals, and advanced downstream industries, reflecting Odisha’s efforts to build a diversified and resilient industrial base.
Proactive Governance and Sustainable Development
The Odisha government continues to emphasize sustainable industrial growth, supported by progressive policies, world-class infrastructure, and responsive governance. These initiatives are aimed at making Odisha one of the most attractive destinations for domestic and global investors.
The combined focus on economic growth, employment generation, and environmental stewardship underlines Odisha’s balanced and forward-thinking development model.