Odisha Govt approved 3 s projects envisaging  investment of Rs 1640 cr with employment potential of around 7900

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Bhubaneswar: In another step towards attracting employment intensive investments to the State, Govt has put on track development of private industrial parks. The State Level meeting held under the Chairmanship of Chief Secretary Sri Aditya Prasad Padhi today in secretariat conference hall has given approval to 3 such projects envisaging the investment of Rs 1640 cr with employment potential of around 7900. While giving in-principle approval to the projects, Chief Secretary Sri Padhi asked IDCO to do a realistic assessment of the land requirement and fix mile stones of the progress along with the timeline.   The Detail Project Report (DPR) of M/S Gitanjali Infratech Limited for setting up Gems, Jewellery, Life Style & Luxury Goods Park in Ramdaspur of Baranga Tahasil under Cuttack district was accorded final approval in the meeting. The park will include the processing technologies for cutting & polishing of the diamonds, precious and semi-precious stones, manufacturing of Gold, Silver, Platinum and imitation jewellery. It will also have common facility centers like testing lab, research & development center, exhibition hall, skill development center, certification and hall marking center etc. The entire park will be developed in three phases. It has been proposed to be developed over 100 acers of land with investment of Rs.636 crs. The project  envisages to create huge employment opportunity to around 16000 persons.   The proposal of M/S Jindal Stainless Steel Limited for setting up Downstream Stainless Steel Park in Kalinganagar of Jajpur area has been given in principle approval in the meeting. The proposal envisages investment of Rs.704 cr with employment potential of 4800. The park will have round 71 small & medium units in the sectors like auto manufacturing, kitchenware & life style, light engineering, while goods, precision cold rolling, pipes & tubes and service center.  Similarly, the proposal of M/S Welspon Odisha Steel Pvt Ltd for setting up a Food Processing, Warehousing and Electrical Equipment park in Dosinga and Chainipahi villages of Bhadrak district near Dhamara port has  also been  extended  in-principle approval in the meeting. The park is proposed to be developed over 175 acre of land with investment of Rs. 300 cr.  The park will create employment opportunities for 1500 persons. The anchor investor has been asked to complete first phase of the project within two years. The industrial units in the sectors like edible oil, deep freezing, food storage, sea food processing, export oriented apparel and multimodal logistic parks are likely to come up during this phase.        Additional Chief Secretary MS&ME Dr Laxmi Narayan Gupta, Principal Secretary Industry Sri Sanjeeb Chopra, CMD IDCO Sri Sanjaya Kumar Singh along with senior officers from concerned departments participated in the deliberations.

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