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

Odisha Emerges As Eastern India’s Industrial Leader At Gujarat Investors’ Meet

OMMCOM NEWS by OMMCOM NEWS
May 7, 2026
in Breaking News, Odisha

Bhubaneswar: Odisha is ready to lead Eastern India’s industrial transformation under the national vision of Purvodaya and Viksit Bharat, Chief Minister Mohan Charan Majhi said while addressing the Odisha Investors’ Meet Roadshow in Vadodara on Thursday.

“Western India has already led India’s industrial rise. Now, for Viksit Bharat, Eastern India must rise and Odisha is ready to lead that transformation,” Majhi said. He invited Gujarat-based industries to expand their operations in Odisha and become partners in the state’s next phase of industrial growth.

Positioning Odisha as the “Gateway to India’s Fastest Growing Trade Corridors,” the Chief Minister highlighted the state’s strategic location and its major ports at Paradip, Dhamra, and Gopalpur, which provide seamless connectivity to East Asia, South-East Asia, and Indo-Pacific markets.

The Gujarat outreach, covering Ahmedabad, Mundra, and Vadodara, received an enthusiastic response from investors. The delegation, led by Chief Minister Mohan Charan Majhi, included Industries Minister Sampad Chandra Swain, Chief Secretary Anu Garg, and Additional Chief Secretary Hemant Sharma, among senior officials.

Odisha showcased its robust industrial ecosystem, marked by abundant raw materials, modern infrastructure, port-led logistics, policy stability, and swift project execution. The state is transitioning from a resource-based economy to a value-added manufacturing and advanced industrial hub.

Majhi particularly emphasised Odisha’s growing strength in clean energy manufacturing, including solar cells, modules, and integrated value chains. He also underlined the state’s emergence as a railway manufacturing and supply-chain hub with opportunities in engineering, fabrication, wheels, axles, and components.

The roadshow witnessed over 132 high-level meetings, including one-on-one B2G sessions and four sectoral roundtables. Two investment promotion events in Ahmedabad and Vadodara attracted more than 700 participants. Sectors that drew keen interest included Metal Downstream, Chemicals, Pharmaceuticals, Rare Earth Value Addition, Green Energy Equipment, Infrastructure, Logistics, Food Processing, Apparel & Textiles, IT & ITES, ESDM & Semiconductor, Lab Grown Diamonds, Plastics, Tourism, Aerospace & Defence, Capital Goods, and Power.

The engagements resulted in significant outcomes: 71 investment intents comprising 8 MoUs and 63 Investment Intention Forms, representing a total investment potential of Rs 48,330 crore and projected employment for over 67,838 people.

Industries Minister Sampad Chandra Swain described Odisha as a natural industrial expansion hub for Eastern India. “Odisha is not merely offering an investment destination, but a long-term growth partnership built on trust, execution, speed, and stability,” he said.

The Chief Minister assured investors of proactive support through the GO-SWIFT single-window clearance system and dedicated handholding mechanisms. The government aims to convert these intents into on-ground projects, generating employment and reinforcing the vision of a developed India by 2047 and a prosperous Odisha by 2036.

With its diversified industrial approach, strong infrastructure, and investor-friendly policies, Odisha is firmly establishing itself as the growth engine of Eastern India.

Tags: 'Viksit Bharat'Gujarat Investors’ MeetMohan MajhiOdishaVadodara
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