Quote:Odisha Govt Okays 26 Projects Worth Rs 5,992.92 Cr To Create 19,364 Jobs
By Yajati Keshari Rout On Jul 10, 2024
... SLSWCA has approved a series of projects across diverse sectors including steel, chemicals, renewable energy, textiles, manufacturing, packaging, food processing, IT, infrastructure, and tourism. These projects will be implemented in 14 districts: Mayurbhanj, Sundargarh, Sambalpur, Kendujhar, Ganjam, Jagatsinghpur, Khurdha, Jharsuguda, Boudh, Koraput, Balasore, Cuttack, Bhadrak, and Puri. The total investment amounts to Rs 5,992.92 crores and is expected to create 19,364 potential jobs.
The steel sector witnessed significant interest with multiple expansion projects. GM Iron and Steel Company Limited is set to establish a 0.23 MTPA Integrated Steel Plant along with downstream and upstream facilities and a 45 MW CPP in Mayurbhanj, with an investment of Rs 745.00 Crores, creating 870 jobs. Shree Ganesh Metaliks Limited will expand its integrated steel plant in Sundargarh, encompassing SMS, MS Pipe, Sponge Iron, CPP, and Coal Washery facilities, with a projected cost of Rs 604.99 Crores, offering employment to 3,239 individuals. Times Steel And Power Private Limited plans to expand its existing plant by adding beneficiation, pellet, ferro alloys, billet, rolling mill facilities, and CPP in Sundargarh, with an investment of Rs 432.50 Crores, generating 615 jobs. Aryan Ispat and Power Pvt Ltd will enhance its existing project by setting up SMS, CPP, rolling mill, and MS Pipe manufacturing units in Sambalpur, with a cost of Rs 323.00 Crores, creating 1,500 jobs. SSAB Energy and Minerals Ltd will expand its beneficiation plant by setting up a pellet plant, SMS, rolling mill, and CPP in Keonjhar, with an investment of Rs 212.00 Crores, offering 1,107 jobs. Additionally, Bhaskar Steel And Ferro Alloy Pvt Ltd (Unit of KAI Steel) will add downstream facilities in Sundargarh with an investment of Rs 530.00 Crores, generating 880 jobs.
In the steel downstream sector, Shyamshakti Metals Private Limited will establish a structural and pipe manufacturing unit in Rengali, Sambalpur, with an investment of Rs 650.00 Crores, creating 552 jobs. Cabcon India Limited will set up a manufacturing unit for aluminium conductors, wire rods, and cables in Sundargarh, with a cost of Rs 160.00 Crores, generating 1,000 jobs. Shreyash Aluminium and Alloys Private Limited will establish a High Grade electrical conducting rod and alloy rod manufacturing unit in Jharsuguda with an investment of Rs 52.00 Crores, creating 100 jobs.
The chemical sector also saw significant investment. Eternis Fine Chemicals Ltd will set up a perfumery ingredient manufacturing unit in Ganjam with an investment of Rs 300.00 Crores, generating 400 jobs. Odisha Chemtech Private Limited will establish a specialty chemical production unit in Jagatsinghpur in two phases, with a total investment of Rs 149.45 Crores, creating 150 jobs. Indian Explosives Private Limited will set up a commercial bulk explosives manufacturing unit in Kendujhar with an investment of Rs 54.60 Crores, generating 126 jobs.
In the renewable energy sector, Envirocare Infrasolution Private Limited will set up a 100 MW ground-mounted solar photovoltaic captive power plant in Boudh, with an investment of Rs 351.00 Crores, generating 60 jobs. Solisys Solar Private Limited will establish a manufacturing facility for solar modules in Khurdha with an investment of Rs 59.50 Crores, creating 120 jobs.
In the textiles and apparel sector, Shree Hari Spinners Private Limited will set up a cotton yarn spinning mill unit in Sundargarh with an investment of Rs 129.68 Crores, creating 700 jobs. Indian Stitches Private Limited (ISPL) will establish a garment manufacturing facility in Khurdha with an investment of Rs 50.55 Crores, generating 1,028 jobs.
The manufacturing sector also saw notable projects. Rushil Decor Ltd will set up an MDF and pre-laminated MDF manufacturing unit in Koraput with an investment of Rs 504 Crores, generating 285 jobs. Pratap Synthetics Limited will establish a manufacturing unit for PP woven bags, laminated bags, block bottom bags, and FIBC in Balasore with an investment of Rs 102.50 Crores, creating 550 jobs.
In the plastic and packaging sector, SGBL Infosystems Private Limited will set up a food-graded aseptic packaging (Tetrapack) production unit in Khurdha with an investment of Rs 60.03 Crores, generating 104 jobs. East India Packaging Private Limited will establish a corrugated fluted cartons manufacturing unit in Khordha with an investment of Rs 51.00 Crores, creating 150 jobs. KSV Packaging Industries Private Limited will set up a Tetrapak container manufacturing unit in Cuttack with an investment of Rs 53.51 Crores, generating 53 jobs.
In the food processing sector, NandarajAgrotech Private Limited will set up a manufacturing unit for spices and snacks in Khurdha with an investment of Rs 92.60 Crores, creating 882 jobs. DN Sea Shells Pvt. Ltd will establish an automatic modern rice mill in Bhadrak with an investment of Rs 50.43 Crores, generating 98 jobs.
In the IT and infrastructure sector, Panda Estates will develop IT infrastructure in Khordha with an investment of Rs 112.80 Crores, generating 4,500 jobs. Sailabala Infrastructure Pvt. Ltd. will establish a resort in Puri with an investment of Rs 73.20 Crores, creating 165 jobs. Godavari Commodities Ltd will set up a 3 MTPA coal washery project in Sundargarh with an investment of Rs 88.58 Crores, generating 130 jobs.
Quote:... the Odisha Government has approved 31 projects, valued at ₹4,954.26 Crore.
During the 131st SLSWCA meeting held under chairmanship of Chief Secretary Manoj Ahuja, the investment plans across various sectors were approved. The approved 31 projects will create 24,162 job opportunities.
The SLSWCA approved a series of projects in Mechanical & Electrical Capital Goods, Food Processing, Packaging, Apparel & Textiles, Bio-Fuel, Green Energy Equipment, ESDM, Steel (Ancillary), Non-Metallic Mineral Products (Refractory Products), Steel (Downstream), Plastics, Food, Beverage & Allied Sectors, Agro Processing, Tourism, Power & Renewable Energy and Pharmaceutical.
The projects will be implemented in Khordha, Baragarh, Sonepur, Sambalpur, Jharsuguda, Angul, Jajpur, Bhadrak, Cuttack, Jagatsinghpur, Balasore, Rayagada, Dhenkanal, Puri, Paradeep, Koraput, Kendrapara, Mayurbhanj, Sundergarh districts.
In the mechanical and electrical capital goods sector, Polimiroir India Pvt Ltd will manufacture, coat, and service industrial steel rollers with a capacity of 3,000 units per annum, investing ₹128 Crores and generating 200 jobs.
Danieli India Ltd is establishing a manufacturing facility at a cost of ₹190 Crores, expected to create 380 jobs. Parth Electricals and Engineering Private Limited will focus on electrical equipment manufacturing with an investment of ₹51 Crores, providing 145 jobs.
In the food processing sector, Bisleri International Pvt Ltd is setting up a beverage manufacturing unit with an investment of ₹95 Crores, creating 426 jobs. Jay Bharat Spices Private Limited will establish a corn starch manufacturing unit with a capacity of 68,000 MTPA, investing ₹50 Crores and generating 200 jobs. GAK Rice Private Limited is investing ₹70.15 Crores in a modern integrated rice mill with a capacity of 1,44,000 TPA, providing 95 jobs.
In the packaging sector, Shalimar Glass Works Private Limited is developing a packaging container glass manufacturing unit with an annual capacity of 1,09,500 MT, investing ₹475.54 Crores and creating 450 jobs.
In the apparel & textiles sector, FM Denim and Twills Pvt. Ltd. is establishing a denim textile and garments manufacturing unit, investing ₹130 Crores and generating 4,500 jobs. Tripathaga Textiles will create a readymade garments manufacturing unit with a budget of ₹53 Crores, providing 1,500 jobs.
In the Bio-fuel sector, Bharat Petroleum Corporation Limited is investing ₹200 Crores in a compressed biogas and fermented organic manure plant, creating 30 jobs. Reliance Bio Energy Limited is setting up two plants—one in Sonepur and another in Sambalpur—each with an investment of ₹121.21 Crores, providing 138 jobs.
In the green energy equipment & ESDM sector, Surya International Enterprise Pvt. Ltd. is investing ₹80 Crores in manufacturing solar modules and related products, expected to create 769 jobs.
In the downstream-aluminium sector, Mogli Labs India Pvt. Ltd. is establishing an aluminium cable and wire manufacturing plant in Angul, investing ₹65 Crores and creating 215 jobs.
In the steel (ancillary and downstream) sector, Calderys India Refractories Limited is investing ₹698.71 Crores in a manufacturing facility for various refractory products, with an employment potential of 375. Nawneet Marketing Pvt Ltd will establish an HR/CR coil processing unit and tube manufacturing unit in Jajpur, costing ₹85.14 Crores and providing 227 jobs. Gajanan Prabhu Saw Pipes Private Limited will invest ₹80 Crores in a spiral welded pipe manufacturing unit, creating 274 jobs.
In the metal ancillary & downstream sector, Neptunus Ship Builders & Recyclers Private Limited is establishing an integrated ship recycling industry with an investment of ₹934.54 Crores, expected to create 11,536 jobs.
In the plastics sector, Sanyam Tie Up Private Ltd will set up a manufacturing unit for plastic products and recycling in Khurdha, investing ₹51 Crores and providing 129 jobs.
In the agro processing sector, Maa Chinnamastika Energy Private Limited is investing ₹104 Crores in a grain-based ethanol plant, creating 440 jobs. IMFA (Indian Metals & Ferro Alloys) Ltd is establishing a grain-based ethanol plant in Rayagada with a budget of ₹139.9 Crores, providing 135 jobs.
In the tourism sector, SNM Hotel and Resorts Private Limited is developing a hotel cum resort in Puri with an investment of ₹212.25 Crores, creating 205 jobs. Mayfair Hotels & Resorts Ltd is augmenting its facilities at Paradip Panthanivas, investing ₹105 Crores for 300 jobs. GM Infra-Tech Ltd is expanding a proposed resort in Koraput with an investment of ₹81.11 Crores, providing 360 jobs. Crackers India Infrastructures Ltd is setting up a 4-star resort in Kendrapara with an investment of ₹56 Crores, generating 200 jobs. Hotel Sonar Bangla Simlipal is developing an eco-friendly resort in Mayurbhanj at a cost of ₹51.04 Crores, providing 168 jobs.
In the power & renewable energy sector, Hindalco Industries Ltd is investing ₹294 Crores in a 60 MW captive ground-mounted solar power plant, creating 90 jobs.
In the pharmaceutical sector, Amritash Healthcare Pvt. Ltd. is establishing a manufacturing unit for large volume parenterals in Khurdha, investing ₹51.85 Crores and providing 177 jobs.
In the infrastructure sector, Bain Global Resources LLP is setting up a private freight terminal under the Gati Shakti Multi-Modal Terminal scheme in Sundergarh, with an investment of ₹68.04 Crores and a potential of 250 jobs.
Quote:Bhubaneswar: The state government has approved 15 major industrial projects with a combined investment of Rs 3,353.15 crore in Odisha.
The approvals were granted during the 132nd State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary Manoj Ahuja today.
These projects are expected to generate over 4,637 job opportunities in the state.
The newly-approved projects cover a range of high-impact sectors, underscoring Odisha’s commitment to creating a diverse industrial ecosystem.
With investments in sectors like Chemical/Renewable Energy, Steel Downstream, Aluminium Downstream, Food Processing, Manufacturing, Textile & Apparel, Tourism, Pharmaceuticals, and Cement, Odisha is establishing itself as a prime destination for industrial growth.
These projects will be implemented across several districts, including Koraput, Khordha, Bargarh, Puri, Cuttack, and Jharsuguda.
In the Chemical/Renewable Energy sector, Reliance Bio Energy Limited will establish a compressed bio-gas and fermented organic manure plant in Puri. This Rs121.21 crore investment will create 69 jobs, supporting the state’s emphasis on sustainable and renewable energy sources.
The Steel sector will see a substantial expansion by Beekay Steel Industries Limited in Cuttack with a Rs 750 crore investment aimed at increasing production capacities, including sponge iron, billets, ferro alloys, sinter plants, and a captive power plant. This project alone is projected to generate employment for 800 individuals, marking a notable advancement in Odisha's steel production capabilities.
The Downstream Aluminium sector also receives a boost with HM Power and Cables Pvt Ltd establishing an aluminium conductor, power cable, and wire manufacturing plant in Jharsuguda. The Rs 55.72 crore project, expected to employ 205 people, aligns with Odisha's strategy to enhance value-added aluminium production and support industries that rely on Odisha’s rich mineral resources.
Furthermore, Nexthermal Asia Private Limited will set up a heating elements manufacturing unit in Khurdha, providing essential components to downstream steel industries, supported by an investment of Rs 55.81 crore and generating 132 jobs.
Odisha’s Food Processing sector continues to attract investment, with projects by Bhuvaneshwari Foods and Beverages Private Limited, Aban Beverages Private Limited, Geofast Consumer Products Private Limited, and Avira Distillery Pvt Ltd. These projects will come up in Khurdha, Baragarh, and Cuttack with total investments of nearly Rs 1,542.04 crore and are expected to create over 1,358 jobs. The introduction of these food and beverage production units strengthens Odisha’s reputation as a hub for food processing, a sector that plays a vital role in rural development and employment generation.
In the Textile & Apparel sector, Odisha Textile Manufacturing Private Limited is establishing a facility in Khurdha to manufacture recycled yarns from textile waste. This initiative, valued at Rs 51.80 crore and expected to create 535 jobs, highlights the state’s commitment to sustainable practices within the textile industry.
In Tourism sector, ITC Limited will expand its five-star hotel “Welcomhotel” in Bhubaneswar with a Rs 119.14 crore investment, providing an additional 240 jobs.
Additional tourism-related projects by SJ JRG Ventures LLP and Crackers India Infrastructures Ltd (LYFE Group of Hotels) will bring new hospitality facilities to Puri and Koraput, totalling Rs 154 crore in investment and creating 380 jobs. These developments are expected to enhance Odisha's appeal as a tourist destination, furthering the state’s economic and cultural profile.
In Pharmaceuticals, Infunex Healthcare Pvt. Ltd will establish its second unit for manufacturing intravenous fluids in Cuttack with an investment of Rs 59.43 crore, creating 182 additional jobs.
Odisha’s cement production capacity will expand with the approval of Ultra Tech Cement Ltd’s project to increase its cement grinding unit capacity from 3 MTPA to 6 MTPA in Cuttack. This Rs 372 crore expansion project is expected to create 581 jobs and underscores the state’s commitment to infrastructure development.
These projects represent a substantial commitment to diverse sectors across Odisha, collectively valued at Rs 3,353.15 crore and promising the creation of 4,637 jobs.
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HLCA approvals
