News
30 - 09 - 2026
Odisha clears ₹3,280 crore investment, expects to create 10,661 jobs
The investments were approved for projects across textiles, food processing, steel, GCCs, biofuel, chemicals, circular economy, plastics and tourism.
The Government of Odisha has approved 19 industrial investment proposals worth a total investment of ₹3,280.58 crore, with the potential to generate 10,661 employment opportunities.
The approvals mark another step towards strengthening Odisha’s diversified industrial ecosystem, promoting value-added manufacturing and creating employment opportunities across sectors and regions. The approvals were accorded at the 150th State Level Single Window Clearance Authority (SLSWCA) meeting, a statement from the state government said.
“Our focus is not only on attracting investments, but also on creating productive employment and strengthening industrial ecosystems across regions. We are encouraging investments that add value to local resources, build supply chains and create sustainable economic opportunities. Through continued facilitation and coordinated clearances, the State remains committed to helping investors move efficiently from proposal to implementation,” said Chief Secretary Anu Garg said.
The approved projects represent a diverse portfolio spanning textiles, apparels and technical textiles, food processing, steel downstream, global capability centres (GCCs), biofuel, chemicals and chemical products, circular economy, plastics and tourism.
The projects will be implemented across districts of Anugola, Debagada, Ganjam, Jagatsinghpur, Jharsuguda, Kataka, Khordha, Koraput, Puri and Sundargada. A biofuel project has also been proposed across eight districts of Baleshwar, Balangir, Baragada, Ganjam, Kalahandi, Kendujhar, Mayurbhanj and Subarnapur.
Textiles sector
Dollar Industries will set up an integrated hosiery manufacturing unit in Khordha, covering finished hosiery, knitting fabrics, bleaching and dyeing, with an investment of ₹125 crore. This would help in generating 1,185 employment opportunities.
Sai Workwear Private Limited will establish an integrated technical textiles manufacturing unit in Puri, including apparel, fire-retardant workwear and protective technical textiles, with an investment of ₹59 crore, creating 3,650 jobs. Together, these projects are expected to significantly strengthen Odisha’s textile and technical textile ecosystem.
In the food processing sector, Geofast Industries (India) Limited will establish an integrated manufacturing facility for snacks, savouries and namkeen in Khordha with an investment of ₹120 crore, generating 350 jobs. Jai Bhawani Foods Private Limited will set up an integrated food and confectionery co-packaging unit in Cuttack with an investment of ₹100 crore, creating 550 employment opportunities.
SPS Arihant Steel Structures Private Limited will set up facilities for manufacturing 30,000 TPA steel I-girders and box beams, 5,000 TPA fasteners and 1,50,000 TMT rebar couplers in Debagada, with an investment of ₹140 crore, generating 595 jobs.
Power
Steeledge Fabrication will establish a fabrication and machining unit with a capacity of 60,000 MT in Sundargarh, investing ₹108.82 crore and creating 375 jobs. Bhubaneswar Udyog Private Limited will establish facilities for colour-coated sheets, corrugated GI sheets, plain GI sheets and GI structural components in Cuttack with an investment of ₹101.99 crore, generating 130 jobs.
Tata Power will set up a GCC in Khordha with an investment of ₹54.31 crore, creating 110 employment opportunities, further strengthening Odisha’s growing knowledge and technology-driven services ecosystem.
Indian Oil Corporation Limited will invest ₹960 crore to set up 39,600 TPA compressed biogas manufacturing facilities across Baleshwar, Balangir, Baragada, Ganjam, Kalahandi, Kendujhar, Mayurbhanj and Subarnapur. These facilities would generate 760 jobs.
Kineta Global Limited will establish an 8,250 TPA compressed biogas manufacturing facility in Ganjam, with an investment of ₹170 crore, creating 170 employment opportunities.
In the chemicals and chemical products sector, Aquaproof Wallcare India Private Limited will establish a 3,05,000 MT chemicals manufacturing facility in Cuttack, with an investment of ₹62.64 crore, generating 135 jobs. Asipiya Chemicals and Solvent Private Limited will establish a 500 MT petroleum and petrochemical solvent distillation unit in Jagatsinghpur, with an investment of ₹60 crore, creating 75 employment opportunities.
Ramuka Global LLP will establish an iron and steel slag processing facility in Anugola for production of 990 TPA iron and steel slag aggregate, slag cement, ready-to-use pothole mix and soil stabiliser, with an investment of ₹50.15 crore, generating 411 jobs.
In the Plastics sector, Shri Dakshineshwari Maa Polyfabs Limited will establish a facility for manufacturing 40,000 MT of PP woven and non-woven fabric and bags, in Khordha. The project involves an investment of ₹401.63 crore and is expected to generate 490 employment opportunities.
Tourism sector
BBB Hotel Private Limited will establish a five-star hotel in Ganjam with an investment of ₹208.04 crore, generating 300 jobs. Hotel Sea Pearl Orissa Private Limited will establish a 5-star beach resort in Puri under a brand partnership with the ACCOR group of hotels and resorts, with an investment of ₹180 crore, creating 630 jobs.
Further, Highland Hotels & Resorts Private will establish a four-star resort in Jharsuguda with an investment of ₹150 crore, generating 250 jobs. Puri Eco-Tourism and Resorts Private Limited will establish a four-star resort in Puri with an investment of ₹124 crore, creating 305 jobs. Odyssey Leisure Private Limited will establish a four-star resort in Koraput with an investment of ₹105 crore, generating 190 employment opportunities.
These investments are aligned with the broader vision of Samruddha Odisha 2036, with a focus on creating productive employment, strengthening industrial ecosystems, promoting value-added manufacturing and enabling sustainable economic growth across the state, the release added.
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