Odisha Approves ₹4,982 Crore Investments Across 12 Districts

Bhubaneswar : In a significant push towards industrial growth and inclusive development, the Government of Odisha has approved 23 new investment proposals worth ₹4,982.66 crore. These were cleared during the 138th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Manoj Ahuja. Spanning 12 districts, these projects are expected to generate 11,933 employment opportunities, strengthening the state’s roadmap to achieve its “Samrudha Odisha” vision by 2036. The investments cover key sectors including textiles, steel and downstream, food and beverages, chemicals, pharmaceuticals, IT & ITES, tourism, power, renewable energy, and even aerospace and defence.
Among the most notable proposals is a ₹350 crore project by KPR Mill Limited to set up a large-scale garment manufacturing facility in Khordha. This unit will produce around 47 million garments annually and employ 5,000 people, significantly contributing to Odisha’s growing textile and apparel ecosystem. The steel and downstream sector remains a cornerstone of Odisha’s industrial economy. Vidya Minerals Pvt. Ltd. will invest ₹620 crore in an integrated steel plant in Sundargarh. Additional investments by Jatia Steel Limited, Amsted Steel Foundries, and Mankash Enterprises will further reinforce this sector’s prominence in the state’s industrial landscape.
The food and beverage industry has also attracted major players. Hindustan Aqua Pvt. Ltd. will invest ₹320 crore in a beverage plant in Sundargarh, while Pragati Milk Products will establish a ₹114.34 crore dairy unit in Balasore, creating 674 jobs. These projects will boost agro-processing and value-added dairy production in the region. Tourism is another sector receiving a significant push, with six high-value projects worth ₹479 crore planned across Puri, Gajapati, Nayagarh, Kandhamal, and Ganjam. These hospitality ventures are expected to create 1,352 jobs and elevate Odisha’s profile as a luxury tourism destination.
A futuristic initiative comes from BonV Technology Pvt. Ltd., which will set up a ₹300 crore Drone Park in Khordha. Designed as an integrated hub for drone research, manufacturing, and training, the park will create 760 jobs and place Odisha at the forefront of aerospace and defence innovation in India. In line with the state’s sustainable development goals, Ecodynamix Green Energy Pvt. Ltd. will set up a 30 MW solar power plant in Bargarh. Luminous Power Technologies Pvt. Ltd. is also investing ₹950 crore in Gopalpur to manufacture solar cells and PV modules, generating 1,000 green jobs and boosting Odisha’s renewable energy capabilities.
In the chemicals and pharmaceuticals space, new units by Linde India, Growing Tree Oil Refinery, and Synnat Pharma will come up in Sundargarh, Bargarh, and Cuttack. The IT sector also gained momentum with Apmosys Technologies planning a ₹65 crore software development centre in Khordha, employing 155 professionals.
These approvals reflect the strength of Odisha’s governance and the efficiency of its investment facilitation platforms like SLSWCA. Backed by investor-friendly policies, strategic planning, and rapid clearances, Odisha is rapidly emerging as a premier investment destination in India. The Government’s vision under Chief Minister Mohan Charan Majhi focuses not only on economic development but also on balanced regional growth and job creation. With projects ranging from traditional industries to next-gen technology, the state is positioning itself as a future-ready industrial hub.