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Odisha govt launches 27 projects to boost industrial growth

Monday, 02 Dec 2019
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Chief Minister of Odisha Naveen Patnaik launched 27 projects on 30 November 2019. The value of the projects, launched at a special function through video conferencing from the Lok Seva Bhavan, is estimated at Rs 8,938.81 crore and will create employment opportunities for 12,142 people.

The CM invited the global business community to attend the summit to be organised from 30 November to 4 December 2020. CM also launched a new website for the Odisha Film Development Corporation (OFDC) and unveiled the 365-day countdown to Make in Odisha conclave 2020.

Out of the 27 projects launched by the Chief Minister, five were inaugurated and groundbreaking was held for 22 other projects. The five projects inaugurated on the day will be implemented by Omjay EV, OCL India, Shree Cement, Pro-Minerals and Suraj Products.

Omjay EV will set up its electric vehicle assembly plant at Jajpur, the first of its kind of e-vehicle project in the state with latest technology. The unit will be set up with an investment of Rs 52.41 crore with an employment potential of 122 persons. The OCL India will make an additional investment of Rs 1,994.98 crore at Rajgangpur providing employment to 365 persons.

Shree Cement is setting up a three million tonne capacity cement grinding unit with an investment of Rs 452.55 crore, creating employment opportunities for 243 people.

The Pro-Minerals, now part of Essel Mining, is expanding its activity from mining to pellet production and cutting down the mining pollution load, with an investment of Rs 283.97 crore at Basantpur in Keonjhar district. The project will create employment opportunities for 192 persons.

Suraj Products will diversify its business from sponge iron to steel making. The plant at Rajgangpur has been set up with an investment of Rs 50.25 crore with an employment potential for 196 persons. Besides, Rs 6,100 crore is proposed to be invested in 22 projects for which groundbreaking was held.

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