Government bets on maritime trade and coastal infrastructure to drive Viksit Odisha vision Bhubaneswar : Odisha is positioning itself as a maritime powerhouse with ambitious plans to attract port-led industrial investments worth nearly Rs 1 lakh crore, Industries Minister Sampad Chandra Swain announced during a roadshow organised by Paradip Port. The event, held ahead of…
RBI data show a sharp rise to ₹12,236 crore in June as Odisha parks temporary surpluses in low-risk, high-liquidity T-Bills. Bhubaneswar : Odisha has sharply increased its investments in Treasury bills (T-Bills) during the April–June quarter, moving to the second-highest position among states by June, according to Reserve Bank of India (RBI) data shared in…
Targets ‘Maharatna’ Status by 2030 with Massive Expansion Bhubaneswar: State-owned National Aluminium Company Limited (NALCO), a leading Navratna PSU, has announced an ambitious investment roadmap of Rs 30,000 crore in Odisha over the next five years. The plan, unveiled at the NALCO Media Connect 2025 event in New Delhi, reflects the company’s determination to achieve…
Focus on New Investments and Strengthening Industrial Growth Bhubaneswar: Tata Steel Managing Director, T.V. Narendran, met Odisha Chief Minister Mohan Majhi at Lok Seva Bhawan to explore areas of mutual cooperation and future investment opportunities in the state. The high-level meeting is seen as a significant step toward deepening the company’s footprint in Odisha, one…
New lines, station redevelopment, and multi-tracking projects reshape state’s connectivity Bhubaneswar: Odisha is witnessing railway development at a scale never seen before, with projects worth more than Rs 80,000 crore under implementation across the state. These projects cover new line construction, multi-tracking, electrification, station redevelopment, and major flyover initiatives. Together, they aim to transform rail…
Highlights women’s empowerment, farmer welfare, industrial growth, and transparent governance Bhubaneswar: Chief Minister Mohan Charan Majhi reiterated his government’s commitment to inclusive development, women’s empowerment, and people-centric governance while addressing the Rising Odisha Conclave organized by News18. Majhi highlighted women’s empowerment as one of the government’s biggest achievements in the past 14 months. He said…
Company to invest ₹698.71 crore; facility to become operational in 2025, creating 350 jobs by 2026 Bhubaneswar: Global refractory manufacturing leader Calderys is establishing the world’s largest refractory and flux manufacturing facility in Khordha district of Odisha. The announcement was made by Ish Mohan Garg, Senior Vice President of Calderys for the Asia-Pacific (APAC) region,…
CMD Bijendra Pratap Singh outlines three-phase strategy focusing on efficiency, value addition, and capacity expansion Bhubaneswar: National Aluminium Company Limited (NALCO), a Navratna public sector enterprise under the Ministry of Mines, has announced an ambitious three-phase strategy with an estimated investment of around ₹30,000 crore. The plan aims to enhance production, improve efficiency, and introduce…
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…
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….
