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Odisha Secures Rs 48,330 Cr Investment Commitments During Gujarat Outreach

By: Editorial Desk

by Editorial Desk
May 8, 2026
in Governance, News
Reading Time: 2 mins read
Odisha Secures Rs 48,330 Cr Investment Commitments During Gujarat Outreach

Odisha Secures Rs 48,330 Cr Investment Commitments During Gujarat Outreach

Summarize with:

Ahmedabad, May 8 (APAC Media): Odisha Chief Minister Mohan Charan Majhi concluded his three-day business outreach tour to Gujarat, securing investment commitments worth Rs 48,330 crore across multiple sectors.

The high-profile investor outreach covered Ahmedabad, Mundra, and Vadodara, where the Odisha delegation engaged with leading industrialists, business associations, and institutional stakeholders. The roadshows generated 71 investment proposals, including eight Memorandums of Understanding (MoUs) and 63 investment intents.

According to officials, the proposed investments have the potential to create over 67,838 jobs in Odisha across diverse industries.

Key Highlights of the Gujarat Roadshow
  • Total investment commitments: Rs 48,330 crore

  • Total investment proposals received: 71

  • MoUs signed: 8

  • Investment intents received: 63

  • Potential employment generation: More than 67,838 jobs

  • Total business meetings held: 132

Addressing industry leaders at the Odisha Investors’ Meet in Vadodara, Majhi positioned Odisha as the “Gateway to India’s Fastest Growing Trade Corridors” and invited Gujarat-based industries to expand operations in the state.

Majhi highlighted Odisha’s strategic connectivity to East Asia, Southeast Asia, and Indo-Pacific markets through major ports at Paradip, Dhamra, and Gopalpur.

Sectors Drawing Major Investor Interest

The investment commitments span several high-growth sectors, including:

  • Metal downstream industries

  • Chemicals and pharmaceuticals

  • Green energy equipment

  • IT & ITES

  • ESDM and semiconductors

  • Food processing

  • Apparel and textiles

  • Aerospace and defence

  • Logistics and infrastructure

  • Tourism and plastics

The chief minister said Odisha is rapidly transforming from a resource-based economy into a value-added manufacturing and advanced industrial hub, with a strong focus on clean energy manufacturing, railway equipment production, and engineering supply chains.

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Summarize with:
Tags: Employment generationInvestmentMohan Charan MajhiOdisha Government
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