Bhubaneswar: The Odisha government on Saturday signed 27 memorandums of understanding (MoUs) worth Rs 81,864 crore at its Investors’ Meet Roadshow held at ITC Sonar, Kolkata. In addition, the State received 19 investment intent proposals valued at Rs 18,453 crore, signaling strong investor interest in Odisha’s industrial growth potential.

The initiatives are expected to generate over 63,000 direct employment opportunities across sectors ranging from textiles, metal goods, chemicals, pharmaceuticals, to advanced manufacturing.

During the event, Odisha Chief Minister Mohan Charan Majhi said the State is ready to co-anchor the next phase of industrial growth in eastern India under the Purvodaya vision. He highlighted collaboration, integrated value chains, and shared prosperity as the keys to the region’s industrial success.

Addressing the gathering, the Chief Minister invited industry leaders to partner with Odisha, emphasising that growth in the East will not be competitive but collaborative, with states complementing each other’s strengths to build a strong eastern industrial corridor.

During the roadshow, the Chief Minister said, “Odisha is financially strong and economically secure and is rapidly transforming from a resource-based economy to a value-addition and advanced manufacturing hub, driven by speed, scale, and sustainability.” He highlighted Odisha’s strategic coastline and ports at Paradip, Dhamra, and Gopalpur as key enablers of port-led industrialisation serving eastern and central India.

The meet featured 130 exclusive high-level interactions, along with four sectoral roundtables. The Hosiery, Apparel Accessories & Technical Textile Roundtable saw participation from CXO-level representatives of 18 leading companies. The Metal Ancillary, Downstream & Engineering Goods Roundtable involved 22 companies, while the Plastic, Chemical, Packaging & Recycling Roundtable included 24 companies. The Pharmaceuticals, Medical Devices & Biotech Roundtable brought together 24 companies, reflecting deep industry engagement in strategic sectors.

These engagements translated into tangible outcomes. During the Kolkata roadshow:

1. 27 MoUs were signed with an investment potential of Rs 81,864 crore, generating over 63,161 jobs.
2. 19 investment intent proposals were received, amounting to Rs 18,453 crore, with the potential to create over 27,591 employment opportunities.

The Chief Minister emphasised that while MoUs are important, the true measure of success lies in their execution on the ground.

The Odisha Investors’ Meet Roadshow in Kolkata saw participation from over 500 industry leaders, business associations, and institutional stakeholders, offering a comprehensive view of Odisha’s industrial ecosystem, infrastructure readiness, and policy-driven growth model.

Addressing the gathering, the Chief Minister presented his vision for Samruddha Odisha by 2036 and outlined a clear roadmap for the growth of the manufacturing and services sectors. He highlighted opportunities across renewable energy equipment, textiles, pharmaceuticals, electronics, IT, data centres, and advanced manufacturing, and invited industry leaders—especially from West Bengal, Jharkhand, and the North-Eastern states—to expand, diversify, and grow with Odisha.

During the roadshow, Industries Minister Sampad Chandra Swain emphasised “Odisha’s role in Purvodaya, positioning the State as a natural expansion hub for eastern India with strong infrastructure, port-led logistics, stable policies, fast project execution, focus on new-age sectors, skilled manpower development, and a clear vision to build Samruddha Odisha by 2036, while contributing to Viksit Bharat by 2047.”

The Kolkata engagements covered a wide spectrum of sectors, including Hosiery, Apparel Accessories & Technical Textile, Metal Ancillary, Downstream & Engineering Goods, Plastic, Chemical, Packaging & Recycling, and Pharmaceuticals, Medical Devices & Biotech. This sectoral diversity reflects Odisha’s steady transition towards a value-added, diversified, and future-ready industrial economy.

Odisha reiterated its commitment to contributing to this national priority by creating tourism-ready investment clusters and strengthening ancillary and innovation ecosystems.

In line with Chief Minister Mohan Charan Majhi’s vision of building a Samruddha Odisha by 2036, the Government will work proactively to attract investors and ensure the timely conversion of MoUs and investment intentions into projects on the ground, with dedicated facilitation by the Government of Odisha. Sector-specific engagement will be further deepened across key industries.

Following the successful Kolkata roadshow, preparations are underway for Enterprise Odisha, scheduled to be held on January 27–28, 2026, in Rourkela.

The event will showcase Odisha’s industrial capabilities, MSME strengths, startup ecosystem, and investment-ready infrastructure across the State, reinforcing the government’s commitment to translating investment interest into tangible on-ground outcomes.

Details of MoU-IIFs received during Odisha Investors Meet Kolkata 2025