CM unveils 36 industrial projects worth Rs 40,811 crore, expected to generate 59,050 jobs | Bhubaneswar News


CM unveils 36 industrial projects worth Rs 40,811 crore, expected to generate 59,050 jobs

Bhubaneswar: CM Mohan Charan Majhi on Wednesday unveiled 36 industrial projects — inaugurated 11 and laid foundation stones of 25 — with a total investment of Rs 40,811 crore, which are expected to generate 59,050 jobs.The projects — spread across multiple districts — span sectors such as green energy equipment, metals and downstream industries, textiles and apparel, plastics, tourism, agriculture and food processing, defence manufacturing, IT and ITES, automobile and cement.The bulk of the investments involved the laying of foundation stones for three Adani Group projects with a combined outlay of over Rs 33,000 crore — a Rs 30,181-crore thermal power plant near Cuttack, Rs 800-crore data centre at Info Valley and Rs 2,100-crore cement manufacturing unit in Cuttack.“These projects are a statement of belief that Odisha is not on the cusp of its moment, but already in it. The next chapter of India’s industrial rise will be written here, by its people,” said Karan Adani, managing director of Adani Ports and SEZ.Of the 36 projects, the CM unveiled 34 projects during a public meeting at Bhuinpur in Khurda district. They include foundation of a major textile manufacturing unit of Page Industries at Chhatabar, involving an investment of approximately Rs 258 crore and employment potential of 3,500 jobs. Majhi later inaugurated another major textile manufacturing facility worth around Rs 750 crore at Ramdaspur in Cuttack district, which is expected to create about 5,850 jobs.Addressing the public gathering at Bhuinpur, the chief minister said Odisha has moved from being a state of potential to one experiencing prosperity. He described the developments as part of a “second industrial revolution” underway in the state and a significant chapter in the journey towards a ‘Samruddha Odisha. He said the govt is focused on transitioning from promises to implementation.“Within the next few years, Odisha will emerge as a prosperous state. Over the past 18-20 months, the govt had laid foundation stones and inaugurated 109 projects worth around Rs 2.5 lakh crore, creating 1.76 lakh jobs. A clear shift has been seen in Odisha’s industrial sector, with momentum picking up since Jan 2025. The decade leading up to 2036 will be a decade of resolve, with priority given to economic growth alongside ‘Odia Asmita’,” Majhi said.Referring to the current projects, he said the investments would enable manufacture of goods, previously imported, within Odisha, including Khurda district. “These products would reach global markets and strengthen industrial self-reliance, contributing to the goal of ‘Atmanirbhar Bharat’,” he said.Majhi added the state budget has allocated over Rs 72,000 crore for infrastructure — about 6.5% of the state’s GDP — to boost development and employment.According to him, stronger infrastructure and a robust economy will integrate Odisha more closely with the global economy.After the public programme, the chief minister visited an exhibition showcasing industrial projects of companies such as Ampin Solar One Private Limited, Calderys India Refractories Limited, Page Industries Ltd, Adani Enterprises Limited, KPR Mill Limited, Jupiter Tatravagonka Railwheel Factory Private Limited, ATC Tyres AP Pvt. Ltd, Ambuja Concrete North Private Limited, Trimetro Garments India Pvt. Ltd and Danieli Corus Refractory Solutions Pvt. Ltd.Earlier in the day, Majhi participated in a round-table meeting with industrialists from within and outside the state to discuss proposed projects. He reiterated the govt’s commitment to supporting industrial development and said facilities such as land, power, water and connectivity would be continued to be provided. He assured investors that approvals would be granted in a timely manner and that the chief minister’s office would address any issue.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *