Ganjam: Odisha Chief Minister Mohan Charan Majhi laid the foundation stone for 12 major industrial projects in Ganjam district, marking a significant step in transforming southern Odisha into a thriving industrial hub. With a combined investment of Rs. 28,084 crore, the projects span sectors including green energy, advanced manufacturing, logistics, agro-processing, and infrastructure, and are expected to generate employment for 15,455 people.
Investments in Strategic Sectors
Among the headline investments, Ocior Energy Private Limited will invest Rs. 7,200 crore in the green hydrogen and ammonia sector at the Tata Steel SEZ, creating 2,300 jobs. Petronet LNG Limited is set to establish a Rs. 6,500 crore LNG terminal at Gopalpur with the potential to generate 1,000 jobs. Additionally, UPL Limited will invest Rs. 4,000 crore in the specialty chemicals sector, which will offer 4,100 job opportunities.
In the green energy equipment manufacturing segment, three major companies are setting up operations at the Tata Steel SEZ:
- HHP Five Private Limited with Rs. 4,000 crore investment, expected to create 1,500 jobs
- Saatvik Solar Industries Private Limited with Rs. 3,500 crore investment, expected to create 3,225 jobs
- World Green Energy Private Limited with Rs. 2,500 crore investment, expected to create 2,500 jobs
Strengthening Industrial Infrastructure
To support long-term industrial growth, the Odisha Industrial Infrastructure Development Corporation (IDCO) is investing Rs. 229 crore in a utility corridor and industrial estate development. Additionally, Tata Steel will establish a Rs. 200 crore industrial park, which will enhance the infrastructure backbone required for sustaining the region’s industrial momentum.
Expansion into Logistics and Agro-Processing
The logistics sector is set to receive a major boost with Geo Impex and Logistics Private Limited investing Rs. 207 crore to build a multi-modal logistics park in Chatrapur. In agro-processing, Tarangini Distilleries Private Limited will invest Rs. 149 crore to set up a bio-ethanol project in Buguda.
Tourism and eco-friendly development also find a place, with Crochet Industries investing Rs. 18 crore in an eco-resort in Gopalpur. Barapalli will see investments in niche sectors, with JSR Greenex and Linox Ortho Surgical Private Limited bringing Rs. 5.5 crore into e-waste management and medical device manufacturing, respectively.
Vision for a ‘Samruddha Odisha’
Chief Minister Majhi emphasized that these projects represent a milestone in Odisha’s journey toward inclusive industrial growth. He reiterated the government’s focus on combining industrial expansion with skill development, healthcare, and infrastructure through initiatives like the World Skill Centre and Lakhpati Didi, aiming for a ‘Samruddha Odisha’ by 2036 and a Viksit Bharat by 2047.
