Bhubaneswar: Odisha’s industrialization goals received a fillip with Naveen Patnaik, Chief Minister, Government of Odisha today conducting the third ground breaking ceremony via videoconferencing at the Odisha State Secretariat.
The ceremony witnessed the inauguration of 02 units and the beginning of construction of 13 manufacturing units in Odisha at a cumulative investment of Rs. 2,901.20 Crore which will create 3,091 jobs.
Speaking during the ceremony, Chief Minister Shri Naveen Patnaik said, “Odisha is fast emerging as the ‘Manufacturing Hub of Eastern India’ and we are working towards developing the State into a ‘Manufacturing Hub of South Asia’. My government has promulgated progressive policies and developed state-of-the-art infrastructure besides demonstrating commitment to deliver projects on ground, which is reflected in the fact that out of the investment intents received, close to 65% projects are in various stages of approval and implementation. The 15 industries for which groundbreaking/inauguration is being conducted today will provide employment for more than 3,000 people in the State. I congratulate all the concerned departments for their continuous efforts towards successful grounding of these projects.”
It may be noted that subsequent to the Make in Odisha Conclave 2016, the first groundbreaking ceremony was held in November 2017 for 15 manufacturing units which grounded investments worth Rs. 11,690 Cr with scope to generate 8,187 jobs. The second groundbreaking ceremony in May this year witnessed the inauguration of 7 manufacturing units and groundbreaking of 12 units with cumulative investment grounded at Rs. 2,675 Crore. With the third groundbreaking ceremony, a total of 49 manufacturing units have either been inaugurated or started construction as a direct result of the investment promotion efforts of the Govt of Odisha so far.
The list of units for which inauguration/groundbreaking was conducted is given below. Most notably, these projects demonstrate implementation of State’s vision to broad-base industrial development beyond the mineral-based industries. The projects are in diverse sectors including food processing, cement, downstream industries in metals among others.
|S.No.||Name of the Company||Investment Amount
|Employment Potential||Classification||Location||Project Brief|
|1||OCL India Ltd.||1,994.98||365||Groundbreaking||Rajgangpur, Sundergarh||Cement|
|2||IFFCO||63.55||97||Groundbreaking||Paradeep, Jagatsinghpur||Private Railway siding|
|3||Jajpur Cement||63.50||60||Groundbreaking||KNIC, Jajpur||Cement Grinding|
|4||Jyoti Solar Solutions Pvt. Ltd||57.17||15||Inauguration||Patnagarh, Bolangir||10 MW Solar Power plant|
|5||Grasim Industries Ltd.||110.00||103||Inauguration||Jayshree, Ganjam||33,000 MTPA Caustic Soda Manufacturing Unit|
|6||Indo Nissin Foods Pvt. Ltd||16.00||25||Groundbreaking||Mancheswar Industrial Estate, Khurda||Cup Manufacturing for instant noodles|
|7||Hindusthan Urban Infrastructure Limited||389.00||135||Groundbreaking||Champajhar, Khurda||Wire Drawing of Aluminium, Insulated Wires & Cables|
|8||Shree Malani Foams||53.00||135||Groundbreaking||Jaymangal, Khurda||Manufacturing of Polyurethane Foam|
|9||Suguna Foods||50.27||486||Groundbreaking||Balasore||Frozen poultry meat unit and poultry feed unit|
|10||SAIZAR Enterprise Pvt. Ltd.||28.31||650||Groundbreaking||KNIC, Jajpur||Logistics & Warehousing|
|11||MK Plast Private Limited||8.00||80||Groundbreaking||Ramdaspur, Cuttack||Manufacturing of PVC & HDPE Pipes & Fittings|
|12||Aradhana Plastic||40.00||250||Groundbreaking||Plastic Park, Paradeep||Manufacturing of PP woven bags & PP products|
|13||Tidal Trading||17.00||125||Groundbreaking||Plastic Park, Paradeep||Manufacturing of PP woven bags|
|14||Weaverbird Engineering & Technology||2.81||520||Groundbreaking||Infocity, Khurda||Software Development & Data Processing Unit|
|15||Utkal Speciality Pvt. Ltd||7.61||45||Groundbreaking||Industrial Estate, Khurda||Paper & packaging Products|
With the objective of attracting 2.5 lakh crore of fresh investments and generating 30 lakh job opportunities as part of CM Naveen Patnaik’s Vision – 2025, the Government of Odisha is diversifying and broadening the state’s industrial development across the focus sectors. Odisha’s investor-friendly policies and the development of world-class infrastructure have received very positive feedback from investors across the country as the State has been able to create an ideal business ecosystem for various sectors to flourish in the state.