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

SLSWCA Clears 19 Projects Worth Over Rs 4804 Cr, To Generate 17,553 Jobs

OMMCOM NEWS by OMMCOM NEWS
December 7, 2023
in Odisha

Bhubaneswar: The State Level Single Window Clearance Authority (SLSWCA) today gave its nod to 19 transformative projects worth INR 4,804.35 crore promising a potential employment generation of 17,553 jobs, further strengthening the State’s position as an investment destination.

These projects were cleared at the 125th SLSWCA meeting held today under the guidance of Chief Secretary Pradeep Kumar Jena.

The significant investments are in key sectors such as Apparel & Textiles, Steel Downstream, Paint(Chemical), Plastics, Packaging/Metal Downstream, Chemicals, Food, Beverage & Allied Sectors, Steel (Ferroalloys), IT Infrastructure, Agro Processing, Renewable Energy/Circular Economy, and Infrastructure.

These diverse investments not only enhance Odisha’s manufacturing capabilities but also showcase the region’s rich mineral resources, metallurgical expertise, and commitment to technological advancements in the IT sector. The Agro Industry has seen notable advancements, tapping into the state’s cultivation potential. Spread across 10 districts, these strategic investments reflect a comprehensive and widespread industrial development strategy for Odisha.

Welspun Living Limited is investing INR 200.00 crore to establish a Textile Facility in Kendrapada, creating 2,000 jobs in the Apparel & Textiles sector, enhancing regional economic growth.

Tata Steel Downstream Products Limited will set up a 10,00,000 MT Steel Service Center in Kalinga Nagar, Jajpur, in the Steel Downstream segment. With an INR 735 crore investment, it promises 335 potential jobs.

In the Steel (Ferroalloys) sector, Indian Metals and Ferro Alloys Limited invests INR 977.43 crore in Jajpur to produce 2,20,000 MT Ferro Chrome and 20 MW WHRB Power, creating 1,190 jobs.

Jindal Stainless Limited is establishing a stainless-steel service center unit in JSL Stainless Steel Park, Jajpur, with an INR 150 crore investment and the potential to generate 315 jobs in the Steel industry.

Crackers India Alloys Ltd is set to invest INR 101.50 crore in setting up a 52,800 MT Steel Casting mill & Rolling Mill with Ancillary facilities in Barbil, Keonjhar, creating 240 jobs in the Steel sector.

Envirocare Infrasolution Pvt Ltd’s INR 100 crore investment in Sundergarh establishes a Mild steel strips and pipes manufacturing unit with a capacity of 2,88,000 TPA each, offering 295 potential jobs in Steel Downstream.

Rungta Paints Private Limited amplifies its presence in Dhenkanal with a manufacturing unit for Paints, Allied products & Intermediate. The INR 991 Crore investment is poised to create 700 jobs in the Paint (Chemical) industry.

Modulus Oleochem and Surfactants Private Limited’s comprehensive Chemical Manufacturing unit in Baliapal Industrial Estate, Balasore, is a Rs 313.51 Crore investment that will boost the Chemicals sector, offering employment for 300 individuals.

Transnova Express India Private Limited invests INR 120.39 crore in a Chemical Hub in Khordha, setting up a Bulk Industrial Chemical Storage, Re-packing, and Handling facility, offering 258 potential jobs.

With the paint giant Berger setting up foot in Odisha, two of its ancillary companies, namely, Grow Max India Private Limited, invests INR 54.55 crore in a Manufacturing unit for Plastic Pails, Lids, Bottle & Drum in Khordha, providing employment opportunities for 152 individuals in the Plastics sector.

The second one namely, Anupam Products Ltd,  sets up an INR 51 crore Manufacturing unit for Empty Metal Tin Containers in Khordha, enhancing capabilities in the Packaging/Metal Downstream sector and creating 230 jobs.

Rajshree Polypack Limited and Kesav Plasttech (P) Ltd contribute to the Plastics industry with manufacturing units in Khordha and Rengali Industrial Area, Sambalpur, respectively. The two projects, with a combined investment of INR 102.25 crore, are expected to generate 554 jobs.

Dhansar Group initiates a Private Freight Terminal (PFT) under PM- Gati Shakti Multi Modal Terminal scheme in Sundergarh, with an INR 190 Crore investment and the potential to generate 160 jobs in Infrastructure.

Kaibalya Logistics Private Limited invests INR 110 crore in a Multi-Modal Inland Container Depot (ICD) in Mahakalapada Block of district Kendrapara, providing infrastructure for food products, Export Processing, and Customs Clearing Facilities, with 480 potential jobs.

Ashirbad Food Processing  Private Limited is setting up a fully automated flour mill in Jajpur, with an INR 56.35 crore investment, contributing to the Food, Beverage & Allied Sectors, providing 118 potential jobs.

Summa Real Media Private Limited unveils a Rs 226.57 crore IT Infrastructure Complex in Khordha, expected to accommodate 10,000 IT professionals.

Vaswani Steel Pvt Ltd is set to establish a 200 KLPD grain-based Ethanol plant, accompanied by a 5MW Co-gen power plant in Nuapada, contributing significantly to Agro Processing in the Biju Economic Corridor with an investment of INR 237.80 crore and generating 150 jobs.

GAIA Neo Energy Private Limited is establishing a Compressed Biogas plant in Dampara, Cuttack, investing INR 87.00 crore. This initiative, with an annual capacity of 3,600 MT, will create 76 jobs in the Renewable Energy/Circular Economy sector.

These projects spanning across diverse sectors from Apparel & Textiles to Infrastructure reflects Odisha’s multifaceted growth strategy and steps towards industrial development.

The project details are as follows which received approval from the committee:

S. No ProjectName ProjectDescription Project Cost(RsinCrores) Employment(Potential) Sector Location
1 WelspunLivingLimited TextileFacility 200.00 2,000 Apparel&Textiles Kendrapada
2 TataSteelDownstreamProductsLimited 10,00,000MTSteelServiceCenter 735.00 335 SteelDownstream KalingaNagar,Dist-Jajpur
3 RungtaPaintsPrivateLimited ManufacturingunitforPaints,Alliedproducts&Intermediatewithannualcapacityof4,35,000MT 991.00 700 Paint(Chemical) Dhenkanal
4 GrowMaxIndiaPrivateLimited ManufacturingunitforPlasticPails,Lids,Bottle&Drumwithannualcapacityof5,000MT 54.55 152 Plastics Khordha
 

5

 

RajshreePolypackLimited

ManufacturingunitforproductionofThermoformedPrimaryFoodPackagingContainers(8,000MTPA)&InjectionMouldingPrimaryFoodPackagingContainers

(4,500MTPA)

 

51.17

 

251

 

Plastics

 

Khordha

 

6

 

KesavPlasttech(P)Ltd

ManufacturingunitforproductionofHDPE&UPVCPipes&Fittingshavingcapacityof12,360MTPAperannum  

51.08

 

303

 

Plastics

RengaliIndustrialArea,Sambalpur
 

7

 

AnupamProductsLtd

SetupamanufacturingunitforproductionofEmptyMetalTinContainershavingannualcapacityof1,55,00,000no.s  

51.00

 

230

Packaging/

MetalDownstream

 

Khordha

 

 

8

 

ModulusOleochemandSurfactantsPrivateLimited

ManufacturingunitforproductionofSoapNoodles(50,000MTPA),DistilledFattyAcid(30,000MTPA),RefinedGlycerin(15,000MTPA),ToiletSoap(30,000MTPA),StearicAcid(10,000MTPA),SoyaFattyAcid(15,000MTPA)andBio

Diesel(15,000MTPA)

 

 

313.51

 

 

300

 

 

Chemicals

 

BaliapalIndustrialEstate,Balasore

 

9

 

AshirbadFoodProcessingPrivateLimited

 

Settingupafullyautomatedflourmill

 

56.35

 

118

Food,Beverage&AlliedSectors Alatiri,Panikoili,Block–Korei

inthedistrictofJajpur

10 IndianMetalsandFerroAlloysLimited 2,20,000MTFerroChromeand20MWWHRBPower 977.43            1,190 Steel(Ferroalloys) Jajpur
11 JindalStainlessLimited Stainless-Steelservicecenterunitofcapacity3,00,000MT 150.00 315 Steel JSLStainlessSteelPark,KalingaNagar,Dist.-Jajpur
12 CrackersIndiaAlloysLtd Settingup52,800MTSteelCastingmill&RollingMillwithAncilliaryfacilities 101.50 240 Steel Barbil,Dist-Keonjhar
13 EnvirocareInfrasolutionPvtLtd Mildsteelstripsandpipesmanufacturingunitofcapacity2,88,000TPAeach 100.00 295 SteelDownstream Block-Lathikata,Dist-Sundergarh
14 SummaRealMediaPrivateLimited ITinfrastructureComplex 226.57 10,000 ITInfrastructure GothapatanaIA,Dist-Khordha
 

15

 

TransnovaExpressIndiaPrivateLimited

BulkIndustrialChemicalStorage,Re-packingandHandlingfacilityforImportedandindigenousChemicals&SpecialityChemicalsforvariousindustries  

120.39

 

258

 

ChemicalHub

 

Khordha

 

16

 

VaswaniSteelPvtLtd

Setupa200KLPDgrain-basedEthanolplantalongwith

5MWCogenpowerplantatNuapadainBijuEconomicCorridor

 

237.80

 

150

 

AgroProcessing

villageBhella,Block-Komnaofdist-Nuapada
17 GAIANeoEnergyPrivateLimited SetupaCompressedBioGasplantwithannualcapacityof3,600MT 87.00 76 RenewableEnergy/CircularEconomy Dampara,Dist:Cuttack
 

18

 

DhansarGroup

PFT(PrivateFreightTerminal)underPM-GatiShaktiMulti

ModalTerminalschemetakingofffromDaghoraRlyStationofRaigarh-JharsugudaSectionunderBilaspurDivisionof South East Central Railway

 

190.00

 

160

 

Infrastructure

PurnavillageofHemagiri

Block,District–Sundergarh

19 KaibalyaLogisticsPrivateLimited Multi-ModalInlandContainerDepot(ICD)withCold

Storageforfoodproducts,

110.00 480  

Infrastructure

MahakalapadaBlockofdistrictKendrapara
Total                             4,804.35                    17,553

In total, the projects approved at the 125th SLSWCA meeting represent a cumulative investment of INR 4,804.35 crore, promising a potential employment generation of 17,553 jobs across diverse sectors.

With CM Naveen Patnaik’s leadership, Odisha is becoming a magnet for investors worldwide. Their commitment to sustainable and inclusive growth is setting a high standard for development. These projects will turn Odisha into an industrial powerhouse, creating jobs and prosperity.

Tags: Chief Secretary Pradeep Kumar JenaState Level Single Window Clearance Authority (SLSWCA)
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