The Odisha government has approved seven major industrial projects with a combined investment of Rs 55,783 crore, which are expected to create 14,507 employment opportunities.
The approvals were granted during a meeting of the High-Level Clearance Authority (HLCA) chaired by Chief Minister Mohan Charan Majhi. "Through these investment clearances, we are focusing on making the state strong, Atmanirbhar, and ready for Samruddha Odisha by 2036," Majhi said. The projects cover a wide range of sectors, including steel, rare earth manufacturing, automobiles, semiconductors, industrial gases, ferroalloys, power, and renewable energy.
Among the key projects, Saffron Resources plans to establish a six MTPA steel plant in Dhenkanal with an investment of Rs 35,000 crore, generating employment for around 8,000 people. Jindal Poly Films’s titanium dioxide pigment plant in Ganjam and Sancode Semi’s semiconductor unit in Khurda also feature prominently. Other projects include ferroalloy and power plant ventures across various districts of Odisha.