Bhubaneswar: The Odisha government on Wednesday approved 22 industrial investment proposals worth Rs 3,855.38 crore with potential to generate 7,296 jobs. The approvals came at the 151st State Level Single Window Clearance Authority meeting chaired by Chief Secretary Anu Garg.
The projects span 11 sectors including tourism, biofuel, manufacturing, aerospace and defence, chemicals and petrochemicals, infrastructure, plastics, pharmaceuticals, global competency centres, steel downstream and paper packaging, spread across 12 districts – Angul, Balasore, Bhadrak, Cuttack, Ganjam, Jajpur, Jharsuguda, Khordha, Nayagarh, Puri, Sambalpur and Sundargarh.
In paper, packaging and plastics sector, two major investments worth Rs 1,029.91 crore with employment potential of 1,960 were cleared. Alisha Torrent Closures (India) Private Limited will invest Rs 529.91 crore at Nayagarh to manufacture caps and closures for bottled beverages generating 250 jobs, while Stark Ridge Private Limited will invest Rs 500 crore in Khordha for paper and paper products manufacturing unit with annual capacity of 108,000 MT corrugated boxes, 48,000 MT paper bags, 48,000 MT mono cartons and 99,000 MT paper, creating 1,710 jobs.
Three compressed biogas projects with combined investment of Rs 680 crore and employment potential of 984 were approved across Angul, Jajpur, Sambalpur, Sundargarh and Balasore with total capacity of 29,700 tonnes per annum. Indian Oil Corporation Limited will invest Rs 360 crore for a 14,850 TPA CBG facility across Angul, Jajpur and Sambalpur with 745 jobs, Kineta Global Limited will set up 8,250 TPA facility in Sundargarh with Rs 170 crore investment generating 170 jobs, and Sree Metaliks Bio Energy Limited will invest Rs 150 crore in Balasore for 6,600 TPA facility creating 69 jobs.
In steel downstream and industrial manufacturing, three projects worth Rs 323.81 crore with 634 jobs were cleared. Saha Steel Private Limited will invest Rs 72.81 crore in Sambalpur for pre-engineered building systems, MPIL Steel Structures Limited will set up heavy steel structure fabrication plant of 25,000 MT capacity in Jajpur with Rs 200 crore investment, and Armour Industries will invest Rs 51 crore in Sundargarh for structural steel fabrication and mining equipment.
In chemicals and petrochemicals, Aarish Coating Technology LLP will invest Rs 50 crore in Khordha for industrial paint manufacturing and Proec Energy Limited will invest Rs 175 crore in Bhadrak for calcined and graphitized petroleum coke manufacturing, together worth Rs 225 crore with 405 jobs.
In aerospace and defence, Stonehawk Technologies Private Limited will invest Rs 65 crore in Khordha for integrated drone and unmanned aerial systems manufacturing facility generating 800 jobs and Classic Tecnologistics & Trade Private Limited will invest Rs 52 crore in integrated aerospace manufacturing facility creating 370 jobs.In pharmaceuticals, Amritash Healthcare Pvt Ltd Unit II will invest Rs 152.69 crore in Khordha for facility with capacity of 1,500 million tablets, 210 million capsules and 48 million injections creating 520 jobs. RB Abodes Private Limited will set up Integrated Logistics Park in Ganjam with Rs 209.35 crore investment including 5 MW rooftop solar plant generating 345 jobs.
Tourism sector saw six proposals worth Rs 1,035.62 crore with 1,337 jobs including five-star hotels by Ashirbad Engineering and Construction Private Limited with Rs 310 crore in Khordha, Swami Resorts Private Limited with Rs 153 crore in Khordha, The Royale Nest Hospitality Private Limited with Rs 150 crore luxury resort with convention centre in Jharsuguda, Srikrishna Estates and Construction Pvt Ltd with Rs 135 crore high-end resort in Puri, KP Prime Assets Private Limited with Rs 120 crore luxury hotel and Maa Bhattarika Minerals with Rs 64.04 crore four-star riverfront resort Mahanadi Alaya in Cuttack.
Linde South Asia Services Pvt Ltd will establish Global Competency Centre in Khordha for transport and remote operations with Rs 82 crore investment and 210 jobs.The government said the portfolio reflects diverse industrial priorities and geographical spread supporting local employment and advancing vision of Samruddha Odisha 2036.
