Second groundbreaking ceremony in Odisha sees investments to the tune of 2675 Crore which will create 8953 jobs

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Bhubaneswar: Odisha is well on course to become the manufacturing hub of the East with Naveen Patnaik,  Chief Minister, Government of Odisha today conducting the second groundbreaking ceremony via videoconferencing at the Odisha State Secretariat.In the aftermath of the Make in Odisha Conclave 2016, the first groundbreaking ceremony was held in November, 2017 for 15 manufacturing unitswhich grounded investments worth INR 11,690 Cr with scope to generate 8,187 jobs. The second groundbreaking ceremony witnessed the inauguration of 7 manufacturing units and groundbreaking of 12 units with cumulative investment grounded at INR 2,675 Crore.
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 textiles & apparel, chemicals, fertilizers, cement, food-processing, downstream among others.
Speaking during the ceremony, Hon’ble Chief Minister Shri Naveen Patnaiksaid, “The Make in Odisha Conclave in 2016 was an important milestone in our journey of industrial development and helped generate investment intents in diverse sectors, other than the traditional areas of mines, metals and energy. To ensure that the investments intents received during the conclave are converted quickly, my government has worked with a dedicated focus to ensure that all required support such as land, utilities and Departmental clearances are made available to them expeditiously.I am also delighted to inform you that 2 of the projects for which groundbreaking took place on Nov 16, 2017 have been inaugurated today and will go into production in a little over 6 months. This underscores our position as the Number 1 state in India in terms of investment implementation rate.”
The logo for the Make in Odisha Conclave 2018 was also unveiled by the Hon’ble Chief Minister. The second edition of the biennial Make in Odisha Conclave 2018 has been scheduled to be held in Bhubaneswar from November 11-15, 2018.
The list of units for which inauguration/groundbreaking was conducted is given below.

 

S.No. Name of the Company Investment Amount (in Cr) Employment Potential Classification Location Project Brief
1 Toshali Cements 140.00 170 Inauguration Choudwar, Cuttack 3.86 lac TPA Cement Plant
2 Sadipalli Solar 121.40 15 Inauguration Kesinga, Kalahandi 20MW Solar Power plant
3 AparIndustries 75.00 425 Inauguration Lapanga,Sambalpur 35,000 TPA Aluminium & Alloy Conductors and Alloy Wire & Rod
4 Falcon Marine 62.00 392 Inauguration Jaymangalpur, Tangi, khurdha 72,000 TPA Feed plant
5 Himadri Chemicals & Industries Ltd. 56.63 130 Inauguration Kenghati, Sambalpur 1,56,000 TPA Coal Tar Pitch Melting
6 Indo Nissin Foods Private Ltd. 50.44 180 Inauguration Industrial Estate, Khordha Expansion of its Instant Noodle unit from 25,610 Ton per annum to 36,566 Ton per annum
7 B-One Business House(P) Ltd 24.00 550 Inauguration Sea Food Park Deras Seafood Processing
8 ShyamMetalics& Energy Ltd. 870.20 1,373 Groundbreaking Rengali, Sambalpur 0.77MTPA Steel Making
9 Emami Paper mills Ltd. 650.00 1,750 Groundbreaking Balgopalpur Industrial Estate, Balasore 160,000 TPAPaper Board Manufacturing Plant
10 Manpasand Beverages Ltd 140.00 300 Groundbreaking Chhatabar Industrial Area, Khurdha 105.84 Million litre/ annum capacity of fruit based beverages and packaged drinking water.
11 Grasim Industries Ltd. 110.00 103 Groundbreaking Jayshree, Ganjam 33,000 MTPACaustic Soda Manufacturing Unit
12 Prakrutik Coal Washery 104.40 200 Groundbreaking Talcher, Angul 2 MTPA Coal Washery
13 Saraf Agencies Pvt.Ltd 90.97 154 Groundbreaking Chhatrapur, Ganjam 2,500 TPA Titanium Di-Oxide plant
14 Milk Mantra Dairy Pvt. Ltd. 60.05 750 Groundbreaking Chandaka, Khurdha 4.0 lakh Litres/day Dairy processing and cold chain facility
15 Shahi Exports 51.00 2,000 Groundbreaking Mancheswar Industrial Estate, Bhubaneswar 36 lakh pcs. /annumGarment Manufacturing Unit
16 Kurl-on 44.50 200 Groundbreaking Anlapatna,Khurdha 3,000 MTPA PU Foam Mattress Manufacturing unit
17 Nawrangpur Starch & Chemicals Pvt. Ltd 20.00 230 Groundbreaking Simla Agro Industrial Estate, Maidalpur,Dist. Nawarangpur 90MT Maize Processing Unit
18 Pragati Milk Products 2.64 11 Groundbreaking Chandaka, Khurdha 50,000 Litre Capacity Cold Storage
19 Prime Food Tech. Combines 1.90 20 Groundbreaking I.E.Khurdha 60,000 kg/month capacity Food processing Unit

 

With the objective of attracting 2.5 lakh crore of fresh investments and generating 30 lakh job opportunities as part of Hon’ble CM Shri 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. Over the last 3 years, the State Government has embarked upon the implementation of a Business Reforms Program to make it easier for companies to set up and operate in the state following which Odisha has been recognized as a ‘Leader’ in terms of implementation of business reforms with 92.73% score in the Ease of Doing Business Report of 2016.

ASSOCHAM has ranked Odisha as the No. 1 state in terms of investment implementation rate and the state is consistently ranked amongst the top 3 States in terms of live manufacturing investments in India.  Odisha has registered a GSDP growth rate of 7.94 percent in 2016-17, surpassing the national growth rate of 7.1 percent.

 

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