Majhi Launches WEP And MSME Clusters To Boost Growth
ECONOMY & POLICY

Majhi Launches WEP And MSME Clusters To Boost Growth

Chief minister Mohan Charan Majhi launched the Women Entrepreneurship Platform Odisha chapter and inaugurated MSME infrastructure projects during the Udyami Odisha MSME Programme on International MSME Day. The chapter, developed with support from NITI Aayog, will integrate Mission Shakti, the MSME department, Startup Odisha, banks and industry associations into a single-window ecosystem to improve access to finance, markets, mentorship and skills for women entrepreneurs. A one-year action plan was unveiled to accelerate manufacturing and boost women-led enterprises.

He said the vision is to make women job creators and leaders of development rather than job seekers. The government said more than 10 million (mn) women have been empowered under the Subhadra Yojana and that an IIM Sambalpur, SBI and AI voice bot survey found women-led enterprises rose from 25 per cent to 53 per cent while average bank deposits of beneficiaries increased by Rs 6,887. The platform aims to channel finance and market linkages to scale these gains.

Majhi inaugurated a Rs 241.8 mn rice milling cluster in Balasore to promote rice bran oil and a Rs 177 mn Rasagola cluster at Pahala that is expected to raise daily production from 7,000 kilogram (kg) to 11,000 kg. Two multi-product MSME parks, each costing Rs 100 mn, were opened at Barapali and Kesinga. He said the plan is to establish a multi-product park in every district with engineering, printing and packaging and cashew processing clusters in the next phase.

The government said 0.432 mn MSMEs in Odisha have benefitted from central and state initiatives. Under the Prime Minister’s Employment Generation Programme, 4,900 enterprises received subsidy support of Rs 1.46 billion (bn), with women accounting for 42.5 per cent of beneficiaries, and more than Rs 230 bn in collateral-free loans have been extended under the Credit Guarantee Scheme. NITI Aayog vice-chairman Ashok Kumar Lahiri described Odisha as one of the fastest-growing states and noted it topped the Fiscal Health Index 2026. Deputy chief minister Pravati Parida and MSME minister Gokulananda Mallik attended the event.

Chief minister Mohan Charan Majhi launched the Women Entrepreneurship Platform Odisha chapter and inaugurated MSME infrastructure projects during the Udyami Odisha MSME Programme on International MSME Day. The chapter, developed with support from NITI Aayog, will integrate Mission Shakti, the MSME department, Startup Odisha, banks and industry associations into a single-window ecosystem to improve access to finance, markets, mentorship and skills for women entrepreneurs. A one-year action plan was unveiled to accelerate manufacturing and boost women-led enterprises. He said the vision is to make women job creators and leaders of development rather than job seekers. The government said more than 10 million (mn) women have been empowered under the Subhadra Yojana and that an IIM Sambalpur, SBI and AI voice bot survey found women-led enterprises rose from 25 per cent to 53 per cent while average bank deposits of beneficiaries increased by Rs 6,887. The platform aims to channel finance and market linkages to scale these gains. Majhi inaugurated a Rs 241.8 mn rice milling cluster in Balasore to promote rice bran oil and a Rs 177 mn Rasagola cluster at Pahala that is expected to raise daily production from 7,000 kilogram (kg) to 11,000 kg. Two multi-product MSME parks, each costing Rs 100 mn, were opened at Barapali and Kesinga. He said the plan is to establish a multi-product park in every district with engineering, printing and packaging and cashew processing clusters in the next phase. The government said 0.432 mn MSMEs in Odisha have benefitted from central and state initiatives. Under the Prime Minister’s Employment Generation Programme, 4,900 enterprises received subsidy support of Rs 1.46 billion (bn), with women accounting for 42.5 per cent of beneficiaries, and more than Rs 230 bn in collateral-free loans have been extended under the Credit Guarantee Scheme. NITI Aayog vice-chairman Ashok Kumar Lahiri described Odisha as one of the fastest-growing states and noted it topped the Fiscal Health Index 2026. Deputy chief minister Pravati Parida and MSME minister Gokulananda Mallik attended the event.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code