In Short : The Odisha government has approved ₹4,515 crore in investments for 18 important projects, which are anticipated to create around 8,200 employment in eight districts. The package, which covers industries like green energy, EVs, pharmaceuticals, tourism, and IT infrastructure, was approved during the State Level Single Window Clearance Authority meeting that was presided over by the Chief Secretary.
Important Initiatives Fueling the Green Revolution
In the field of green energy, Jindal Stainless intends to build a ₹90 crore green hydrogen facility in Jajpur, while INOX Solar will build a ₹283 crore battery energy storage project in Dhenkanal. A ₹750 crore solar cell manufacturing facility will be located in Ganjam, highlighting Odisha’s transition to expanding its solar infrastructure.
Momentum in Industry and Tourism Across Districts
The goal of the multisectoral policy drive is to balance regional growth. More than ₹363 crore has been set aside for the development of Jagatsinghpur’s tourist and hospitality industries. While Konark Ispat promises to invest roughly ₹990 crore to expand its steel and power business in Jharsuguda, creating almost 2,000 employment, Sundargarh would witness investments in biogas and steel facilities.
Waves of Innovation in Khurda and Angul
More than ₹1,200 crore in investments for distilleries, data centers, and EV production are expected to benefit Khurda. Angul’s industrial diversification would be strengthened by a combination of renewable and industrial projects worth ₹530 crore, which include a coal washery, logistics park, and recycling facility.
Greater Consequences: Promoting Clean Growth in the Region
These investments strengthen Odisha’s traditional strengths while demonstrating the state’s commitment to industrializing through sectors that are ready for the future, such as renewable energy systems and cutting-edge mobility technologies. The distribution over eight districts enhances job development and economic justice, perfectly complementing Odisha’s objectives for a robust, environmentally friendly economy.
