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Odisha Clears Rs. 4,510 Cr Investment Proposals to Boost Jobs and Industrial Growth

By: Editorial Desk

by Editorial Desk
March 19, 2026
in News
Reading Time: 3 mins read
Odisha Clears Rs. 4,510 Cr Investment Proposals to Boost Jobs and Industrial Growth

Odisha Clears Rs. 4,510 Cr Investment Proposals to Boost Jobs and Industrial Growth

Summarize with:

Bhubaneswar: The Odisha government has approved 23 industrial investment proposals worth Rs. 4,510.65 crore, aimed at generating over 10,122 employment opportunities across 11 districts.

The decision was taken at the 145th meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Anu Garg.

Diverse Investments Across Key Sectors

The approved projects span a wide range of sectors, including chemicals, apparel, pharmaceuticals, manufacturing, food processing, IT & ITES, tourism, and infrastructure. Major investors include Century Plyboards (India) Ltd, Pidilite Industries Ltd, Paradeep Phosphates Ltd, and PricewaterhouseCoopers Services LLP.

These projects will be implemented across districts such as Balasore, Cuttack, Koraput, Khordha, Puri, and Sambalpur, ensuring balanced regional development.

Major Industrial Projects

In the wood-based sector, Century Plyboards (India) Ltd. will set up a facility in Koraput with an investment of ₹870.82 crore, creating 1,000 jobs.

In chemicals, Pidilite Industries Ltd will invest Rs. 61 crore in Balasore, while Paradeep Phosphates Ltd will establish a sulphuric acid plant in Jagatsinghpur with an investment of Rs. 425 crore.

Boost to Labour-Intensive Industries

The apparel and textiles sector is expected to see significant job creation. Sonaselection India Limited will set up a garment unit in Khordha with an investment of Rs. 130 crore, generating 1,858 jobs. Alphatex Private Limited will establish a technical textile unit in the same district with an investment of Rs. 180 crore, creating 1,050 jobs.

Growth in Healthcare and Manufacturing

In pharmaceuticals, Alteus Life Limited will establish a unit in Cuttack with an investment of Rs. 236.90 crore, creating 549 jobs. Additionally, Shreeji Imaging & Diagnostic Centre will set up a specialised healthcare facility in Khordha.

The manufacturing sector will also benefit, with Nipha Limited setting up an agricultural equipment facility in Khordha, generating 300 jobs.

Strengthening Core Industries and Infrastructure

The state’s metal and steel sectors will receive a boost through projects by Scan Steels Limited and Llenroc Ventures in Sundargarh, along with a Rs. 610 crore expansion by Siddhiriddhi International Private Limited in Keonjhar, creating 1,500 jobs.

In infrastructure, Chalah Infratech Private Limited will develop a logistics park in Sambalpur, enhancing supply chain efficiency.

IT, Food Processing and Tourism Expansion

The IT sector will see growth with PricewaterhouseCoopers Services LLP setting up a technology delivery centre in Khordha, generating 640 skilled jobs.

In food processing, Coastal Biotech Private Limited will invest Rs. 350 crore in an agro-processing unit in Kalahandi, creating 500 jobs.

Tourism and hospitality projects across multiple districts, including Puri and Koraput, are expected to strengthen Odisha’s services sector and generate additional employment.

Overall, the approvals signal Odisha’s continued push towards industrial expansion, job creation, and balanced regional development across sectors.

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