Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi highlighted the state’s growing prominence in the chemicals and petrochemicals sector, driven by rising demand from core industries like steel and aluminium.
Speaking at the ‘India Chem 2024’ event in Mumbai, Majhi emphasized that Odisha’s Petroleum, Chemicals & Petrochemical Investment Region (PCPIR) in Paradeep is central to the state’s ambitions in this sector.
Strategically located near Paradeep Port, the PCPIR hub benefits from a strong supply chain that links industries to global markets offering a significant competitive advantage.
“Odisha is witnessing exponential growth in the chemicals and petrochemicals sector, and we are actively exploring other high-potential areas for investment,” the Chief Minister stated.
Majhi also highlighted the state’s efforts to attract investments in technical textiles, recycling of by-products, plastics, packaging, and specialty chemicals—industries that are seeing increasing demand both domestically and internationally.
He attributed these opportunities to Odisha’s abundant natural resources, extensive connectivity, and robust industrial ecosystem, positioning the state as a key destination for new investments.
“As global demand for chemicals rises, Odisha is poised to play a pivotal role, not just for India but on the world stage. I invite investors to explore the vast opportunities Odisha has to offer and become part of our growth story. Together, we can unlock new possibilities and contribute to the shared vision of a Viksit Odisha,” Majhi concluded.
