Odisha clears Rs 33.53 billion investment for 15 industrial projects
Author: PPD Team Date: 12/11/2024
Author: PPD Team Date: 12/11/2024
Ahead of the Utkarsh Odisha conclave in January, Odisha’s single window clearance authority, led by Chief Secretary Manoj Ahuja, has approved 15 industrial projects worth Rs 33.53 billion.
Spanning sectors like chemicals, renewable energy, steel, food processing, textiles, tourism, pharmaceuticals, and cement, these projects are expected to create over 4,637 jobs across six districts, including Khurda, Cuttack, Puri, Bargarh, Jharsuguda, and Koraput.
This includes Rs 1.21 billion approval to Reliance Bio Energy Limited for a biogas and organic manure plant in Puri
Other investments include Rs 8 billion for a new unit by Bhuvaneshwari Foods and Beverages in Khurda, Rs 3.72 billion for Ultra Tech Cement’s grinding unit expansion in Cuttack, Rs 7.5 billion for Beekay Steel Industries’ expansion in Cuttack, Rs 1.19 billion for ITC Limited’s hotel expansion in Bhubaneswar, and Rs 1.54 billion from LYFE Group for new hotels in Puri and Koraput.
The approvals strengthen Odisha’s industrial base with major contributions to food processing, cement production, energy, and hospitality.
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