The I-GFTCH initiative, in collaboration with GFTN and global partners, aims to position Odisha as a global FinTech hub through skilling, innovation, and international collaboration. Bhubaneswar : Odisha is set to make a historic entry into the global financial technology landscape with the launch of the Integrated Global Financial Technology Capability Hub (I-GFTCH) in Bhubaneswar…
The Luxembourg-based industrial giant plans to expand its India operations with a new unit in Odisha, reflecting the state’s rising status as an FDI hotspot. Bhubaneswar: Luxembourg-based VCL Group, a global leader in steel, glass, and energy, has announced plans to establish a manufacturing unit in Odisha within the next two to three years. The…
Over ₹6,500 Crore Investment Announced by 40+ Companies; Government Focuses on Cluster-Based Industrial Growth and Logistics Corridors Bhubaneswar: Odisha has made significant strides in attracting investment in the food processing sector, with over 40 companies announcing plans to invest more than ₹6,500 crore in the state over the last few years. These companies are setting…
Cuttack, Khordha, Rourkela, and Ganjam among key districts to benefit; government pushes regional innovation and digital MSME transformation Bhubaneswar: In a major boost to Odisha’s growing startup ecosystem, seven startups from the state have received a cumulative funding of ₹35 crore under the Government of India’s Fund of Funds for Startups (FFS) scheme. This information…
Bhubaneswar: The Bhubaneswar Development Authority (BDA) has announced that all property allottees must generate a Unique Account Number (UAN) by August 31, 2025, to access a full range of its property-related services. This move is part of BDA’s ongoing effort to digitize and streamline its operations. The UAN will serve as a crucial reference number…
Land-based terminal selected due to unavailability of floating units; profits drop amid lower LNG demand Bhubaneswar: State-run Petronet LNG Ltd (PLL) has revised the project cost of its upcoming liquefied natural gas (LNG) terminal at Gopalpur, Odisha, to ₹6,354.80 crore, citing a shift from a Floating Storage and Regasification Unit (FSRU) to a land-based facility….
Bhubaneswar: In a major push for industrial development and employment generation in Odisha, Hindalco Industries Ltd, a flagship company of the Aditya Birla Group, has committed to invest ₹200 crore to set up apparel manufacturing units in Keonjhar and Sambalpur districts. The investment plan was formalised through two separate Memorandums of Understanding (MoUs) signed with…
Bhubaneswar: Odisha is rapidly emerging as one of India’s leading maritime states, thanks to the transformative efforts led by the Commerce and Transport Department and the proactive role of the Odisha Maritime Board. With strategic planning, modern infrastructure, and large-scale investments, the state is redefining its maritime landscape—creating new avenues for trade, industry, and employment….
Bhubaneswar : AMNS India has become the first company in India to receive a license for steel slag valorisation technology from the Council of Scientific and Industrial Research – Central Road Research Institute (CSIR–CRRI). This technology replaces natural aggregates with scientifically processed steel slag in road construction, significantly improving durability and cost-efficiency. AMNS India was…
Bhubaneswar: Odisha has taken a significant step toward accelerating its renewable energy ambitions by approving new clean energy projects with a combined capacity of 178 MW and an estimated investment of ₹869.8 crore. These approvals were granted during the 12th meeting of the Single Window Committee (SWC), held on July 24, 2025. The meeting was…
