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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

Odisha Economy Now Future Ready, On Way To Become An Industrial Powerhouse: CM

OMMCOM NEWS by OMMCOM NEWS
January 20, 2026
in Odisha

Bhubaneswar: Odisha’s journey from a traditionally resource-driven economy to a future-ready industrial powerhouse is gaining strong momentum, as the state sharpens its strategic focus on new-age and technology-led sectors. “Yahi Samaya Hai, Sahi Samaya Hai. We welcome investors who are operating in new-edge sectors. Come and invest in Odisha and be a part of a future-ready economy,” said Chief Minister Mohan Charan Majhi after the success of Kolkata Road Show.

Odisha traditionally known for its strong base in steel, mining and heavy industries, Odisha is now steadily expanding into modern and high-growth sectors such as IT & ITES, Aerospace & Defence, Hosiery, Apparel Accessories & Technical Textiles, Metal Ancillary, Downstream & Engineering Goods, Plastics, Chemicals, Packaging & Recycling, Pharmaceuticals, Medical Devices and Biotechnology, marking a decisive shift in its growth trajectory.

This strategic transition was clearly reflected during the Odisha Investors’ Meets held in Hyderabad in December 2025 and Kolkata January 2026, which showcased the state’s vast potential across emerging sectors. These investor interactions were organised under the leadership of the Chief Minister of Odisha, reinforcing the state’s readiness to align with future industrial and economic opportunities.

As part of this outreach, six sector-specific roundtable discussions were conducted in Hyderabad and at Kolkata. In Hyderabad, two roundtables were held focusing on Pharmaceuticals and Aerospace & Defence. In Kolkata, sectoral discussions covered Hosiery, Apparel Accessories & Technical Textiles; Metal Ancillary, Downstream & Engineering Goods; Plastics, Chemicals, Packaging & Recycling; and Pharmaceuticals, Medical Devices & Biotechnology.

A total of 123 company leaders participated in these roundtable discussions. Through this collaborative engagement in both the cities, Odisha secured investments worth 1,67,000 cr, with the potential to generate 1,46,000 employment opportunities.

The strong interest shown by business leaders has created a powerful momentum of opportunity. This growing confidence reflects the impact of the centred, decisive and reform-oriented leadership of the Chief Minister, positioning Odisha as a preferred investment destination.

Aligned with the national vision of Purvodaya, Odisha’s goal of becoming Samruddha Odisha by 2036, and contributing to Viksit Bharat by 2047, the state has entered the new-age sector space with clarity and confidence.

The Chief Minister said that Odisha offers all essential components required for the development of new-edge industries from ideation and innovation to implementation, production, logistics and transportation. For global connectivity, Odisha operates major ports at Paradeep, Dhamra, Gopalpur, Bahuda and Inchudi–Subarnarekha. The state also provides abundant air connectivity through airports across Odisha, supported by robust road infrastructure.

Dedicated industrial parks, MSME parks and Special Economic Zones further offer investors plug-and-play facilities to start and scale their businesses efficiently.

Recognising the importance of skilled manpower in emerging sectors, the Government of Odisha will establish 3 more world-class Skill Centres in Bhubaneswar, Sambalpur and Berhampur, ensuring region-balanced skill development and employment generation.

Inviting investors to be partners in Odisha’s growth journey, the Chief Minister reiterated his call to industry leaders to “Come to Odisha and be a part of this success story.” With strong policy support, world-class infrastructure, skilled manpower initiatives and growing investor confidence, Odisha is positioning itself as a future-ready investment destination in eastern India.

Tags: Chief Minister Mohan Charan MajhiPurvodayaSamruddha Odisha by 2036Viksit Bharat by 2047
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