Odisha Clears Rs 37.93 bn Investments To Create 20,000 Jobs

16 Jun 2026 CW Team

The textiles and apparel sector emerged as the largest employment generator among the sanctioned projects, led by an apparel manufacturing unit proposed by Nandraj Textiles Pvt Ltd in Khurda which carries an investment of Rs 1.69 bn and an employment potential of 10,306 people. Shahi Exports Pvt Ltd plans a knitted garments unit in Sambalpur with an investment of Rs 1.46 bn and capacity to employ 1,840 people, while Maa Taratarini Textile Park Pvt Ltd will develop an integrated textile project in Ganjam with an investment of Rs 700 million (mn) and 350 jobs. Other manufacturing approvals include facilities for colour-coated steel sheets, stainless-steel pipes and corrugated boxes across Sundargarh, Khurda and other districts. Several proposals targeted value chains and employment intensity rather than capital concentration.

Clean energy and advanced manufacturing also featured prominently as the authority cleared a Battery Energy Storage System manufacturing unit by CESC Green Power Ltd in Dhenkanal with an investment of Rs 6.84 bn. AVP Star Pvt Ltd will set up a lab-grown diamond facility in Khurda at Rs 5.00 bn with an estimated 500 jobs, while Lithros Batteries India Pvt Ltd secured approval for a Rs 600 million (mn) investment in electric vehicles, batteries and inverters. Steel fabrication and refractory expansions by JSW Severfield and Koshal Ceramics attracted investments of Rs 2.15 bn and Rs 2.75 bn respectively, together supporting substantial local employment.

Tourism approvals featured a five-star resort in Koraput by Swosti Premium at Rs 2.50 bn creating 480 jobs. Two logistics projects worth Rs 2.15 bn were cleared. Officials said approvals aim to spread development across districts.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The State Level Single Window Clearance Authority (SLSWCA) approved 24 investment proposals worth Rs 37.93 billion (bn) across 14 districts in a move to boost industrialisation, with the projects expected to generate nearly 20,000 jobs. The panel was chaired by Anu Garg, chief secretary, and cleared proposals spanning textiles, manufacturing, clean energy, advanced materials, tourism and logistics. The approvals aim to promote geographically dispersed industrial growth rather than concentrating investments in a few clusters. The textiles and apparel sector emerged as the largest employment generator among the sanctioned projects, led by an apparel manufacturing unit proposed by Nandraj Textiles Pvt Ltd in Khurda which carries an investment of Rs 1.69 bn and an employment potential of 10,306 people. Shahi Exports Pvt Ltd plans a knitted garments unit in Sambalpur with an investment of Rs 1.46 bn and capacity to employ 1,840 people, while Maa Taratarini Textile Park Pvt Ltd will develop an integrated textile project in Ganjam with an investment of Rs 700 million (mn) and 350 jobs. Other manufacturing approvals include facilities for colour-coated steel sheets, stainless-steel pipes and corrugated boxes across Sundargarh, Khurda and other districts. Several proposals targeted value chains and employment intensity rather than capital concentration. Clean energy and advanced manufacturing also featured prominently as the authority cleared a Battery Energy Storage System manufacturing unit by CESC Green Power Ltd in Dhenkanal with an investment of Rs 6.84 bn. AVP Star Pvt Ltd will set up a lab-grown diamond facility in Khurda at Rs 5.00 bn with an estimated 500 jobs, while Lithros Batteries India Pvt Ltd secured approval for a Rs 600 million (mn) investment in electric vehicles, batteries and inverters. Steel fabrication and refractory expansions by JSW Severfield and Koshal Ceramics attracted investments of Rs 2.15 bn and Rs 2.75 bn respectively, together supporting substantial local employment. Tourism approvals featured a five-star resort in Koraput by Swosti Premium at Rs 2.50 bn creating 480 jobs. Two logistics projects worth Rs 2.15 bn were cleared. Officials said approvals aim to spread development across districts.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..