The Odisha government clears 22 investment proposals worth ₹3,855 crore across 12 districts, creating over 7,000 jobs in manufacturing, tourism, and biofuel
OdishaPlus Bureau
Odisha Government has approved 22 investment proposals worth ₹3,855 crore across 12 districts, with the projects expected to generate more than 7,000 employment opportunities.
The proposals were cleared at the 151st State-Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Anu Garg on Thursday. The investments cover 11 sectors, including manufacturing, tourism, biofuel, aerospace and defence, pharmaceuticals, chemicals and infrastructure.
The projects will come up in Anugola, Baleshwar, Bhadrak, Kataka, Ganjam, Jajpur, Jharsuguda, Khordha, Nayagada, Puri, Sambalpur and Sundaragada, according to an official statement.
Tourism accounts for six projects involving investments of ₹1,035.62 crore, with the potential to create 1,337 jobs. Ashirbad Engineering and Construction Pvt Ltd will invest ₹310 crore in a five-star hotel in Khordha, while Swami Resorts Pvt Ltd plans another five-star hotel in the district with an investment of ₹153 crore.
Other tourism projects include a ₹150-crore luxury resort and convention centre in Jharsuguda, a ₹135-crore destination resort in Puri and a ₹64.04-crore riverfront resort in Kataka.
Paper, packaging and plastics projects account for investments of ₹1,029.91 crore and are expected to generate 1,960 jobs. Alisha Torrent Closures (India) Pvt Ltd will establish a caps and closures manufacturing unit in Nayagada with an investment of ₹529.91 crore. Stark Ridge Pvt Ltd plans to set up a paper and paper-products manufacturing facility in Khordha with an investment of ₹500 crore, with the potential to create 1,710 jobs.
Three compressed biogas projects involving ₹680 crore have also been approved, with an estimated employment potential of 984 jobs. Indian Oil Corporation Ltd will invest ₹360 crore in compressed biogas facilities across Anugola, Jajpur and Sambalpur. Kineta Global Ltd plans a ₹170-crore unit in Sundaragada, while Sree Metaliks Bio Energy Ltd will invest ₹150 crore in Baleshwar.
The aerospace and defence sector will receive investments of ₹117 crore through two projects in Khordha, which are expected to generate 1,170 jobs. Stonehawk Technologies Pvt Ltd will invest ₹65 crore in a drone and unmanned aerial systems manufacturing facility, while Classic Tecnologistics & Trade Pvt Ltd proposes a ₹52-crore aerospace manufacturing unit.
Three downstream steel and industrial manufacturing projects worth ₹323.81 crore have been approved for Sambalpur, Jajpur and Sundaragada.
Other clearances include a pharmaceutical unit worth ₹152.69 crore in Khordha, two chemical and petrochemical projects involving ₹225 crore, an integrated logistics park worth ₹209.35 crore in Ganjam and a global competency centre of Linde South Asia Services Pvt Ltd in Khordha, involving an investment of ₹82 crore.
The latest approvals add to Odisha’s efforts to diversify its industrial base, attract investments across districts and expand employment opportunities beyond traditional mineral-based industries.