Odisha grounds 15 manufacturing units at an investment of 2901 crore to generate over 3000 jobs

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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
(in Crores)
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.

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