Odisha Attracts ₹38,700 Crore Investment at Hyderabad Meet
Pharma, green energy, manufacturing sectors drive strong participation
Bhubaneswar: The Odisha Investors’ Meet held in Hyderabad on Thursday received a strong response from industry leaders, with investment intent worth ₹38,700 crore recorded on the first day. These proposed investments are expected to create employment opportunities for more than 20,200 people across various sectors.
The two-day roadshow has been organised by the Government of Odisha to connect with national and global investors and highlight the state’s growing strengths in industry, infrastructure, and policy support.
On the first day, Chief Minister Mohan Charan Majhi held one-to-one meetings with top executives from leading companies. The discussions covered key sectors such as pharmaceuticals, medical devices, green energy, textiles, food processing, engineering goods, automotive components, and capital equipment manufacturing.
These interactions focused on identifying new investment opportunities in Odisha and encouraging companies to expand their existing operations in the state.
Key G2B Meetings Yield Major Proposals
As part of the outreach programme, 15 Government-to-Business (G2B) meetings were conducted with prominent companies. These included Indorama Industries Ltd, Jindal Poly Films in rare earth processing, ABI Showatech Pvt Ltd in defence manufacturing, and Maruti in the metals and downstream sector, among others.
These meetings resulted in investment proposals worth around ₹19,500 crore. If realised, these projects are expected to generate employment for nearly 7,500 people in Odisha.
MoUs Signed to Strengthen Partnerships
Investor confidence was further boosted with the signing of seven Memoranda of Understanding (MoUs) on the first day. These MoUs involve investments of about ₹19,200 crore and have the potential to create jobs for around 12,700 people.
The MoU signings and meetings were held in the presence of Industries and Skill Development & Technical Education Minister Sampad Chandra Swain and senior officials of the Odisha government.
Focus on Pharmaceuticals and Emerging Sectors
A special sectoral roundtable with pharmaceutical industry leaders was also organised during the meet. This follows the momentum created by the Odisha Pharma Summit 2025 held recently.
During the discussions, industry representatives spoke positively about the state’s new Pharmaceutical Policy and the development of dedicated Pharmaceutical and Medical Devices Parks. These initiatives are aimed at strengthening Odisha’s manufacturing base and attracting more investments in high-value sectors.
CM Highlights Odisha’s Industrial Vision
Reacting to the strong response from investors, Chief Minister Mohan Charan Majhi said the participation reflects growing trust in Odisha’s industrial roadmap. He said the state is committed to building long-term partnerships with industry through clear policies, responsive governance, and a business-friendly environment.
He also stressed that Odisha is focusing on innovation, sustainable development, and job creation while supporting industries of the future.
Shift Towards a Diversified Economy
Officials said the interest shown by new-age and value-added industries highlights Odisha’s shift towards a more diversified and market-driven industrial economy. The state is increasingly attracting investments in emerging sectors alongside traditional industries.
More Engagements on Day Two
The Odisha Investor Meet will continue on Friday with a larger investor conference in Hyderabad. The second day will see participation from more industry leaders, business associations, and institutional stakeholders.
The programme will include investment presentations, interactions with state leadership, and more MoU signings. The government expects further investment commitments as the roadshow progresses, offering deeper insights into Odisha’s growth plans and long-term investment potential.
