Odisha Clears Rs38.7 Billion Investment for 10,500 Jobs

17 Jun 2025 CW Team

The approved investments span a wide range of sectors, including plastics, technical textiles, apparel, ESDM, food processing, renewable energy, tourism, logistics, infrastructure, chemicals, and steel.

The plastics sector received six proposals. Greenwave Circularity Pvt Ltd will set up a recycled resin manufacturing facility in Khurda, investing Rs6.5 billion and creating 600 jobs. Gurumaharaj Mining & Industries Pvt Ltd will establish an underground pipeline unit in the same district with a Rs2.39 billion outlay, generating 860 jobs.

In Cuttack, Supreme Industries Ltd will invest Rs1.75 billion in a plastic products unit employing 165 people. Lucro Plastecycle Pvt Ltd plans a post-consumer plastic recycling facility in Jagatsinghpur, investing Rs1 billion and generating 1,615 jobs. Royal Touch Fablon Pvt Ltd will produce PP woven sacks in Balasore with an investment of Rs607.8 million, creating 600 jobs.

In the textiles and apparel sector, MAS India Clothing Pvt Ltd will invest Rs8.85 billion in a textile processing mill in Khurda, generating 1,700 jobs. Isolloyd Engineering Technologies Ltd will invest Rs510 million in a ceramic fibre manufacturing unit in Jajpur, employing 175 people.

Heraeus Technologies India Pvt Ltd will establish a Rs1.88 billion advanced manufacturing unit for metallurgical sensors in Khurda, creating 400 jobs. Addsoft Technologies Pvt Ltd will set up a facility for electronic products in Cuttack, investing Rs1.12 billion and generating 330 jobs.

In food processing, Ganesh Consumer Products Ltd will build a flour mill in Khurda with a Rs523.8 million investment, employing 110 people. Ranisati Green Biofuels Pvt Ltd will set up a 100 KLPD ethanol plant in Boudh, investing Rs1.1 billion and creating 260 jobs.

In renewable energy, Iron Triangle Ltd will invest Rs3.1 billion in a 200 MWh battery storage system in Bolangir, generating 128 jobs, reinforcing Odisha’s clean energy goals.

In the steel sector, Samaleshwari Ferrometals Pvt Ltd will expand its sponge iron plant into a 0.5 MTPA integrated steel unit in Sambalpur with a Rs4 billion investment, creating 350 jobs.

Raysons Enterprises Pvt Ltd will invest Rs530 million to develop an eco-resort in Puri, generating 116 jobs in the tourism sector.

The logistics sector saw two major proposals: Alpha Coal Beneficiation LLP will set up a freight terminal and coal washery in Sundargarh under the Gati Shakti scheme with Rs2.17 billion, generating 400 jobs. Bhubaneswar Logipark Pvt Ltd will invest Rs2.18 billion to build a logistics park in Khurda, generating a significant 2,700 jobs.

Lastly, in chemicals, Special Blasts Ltd will invest Rs549.9 million in an explosives and accessories unit in Angul, generating 75 jobs.

The state’s diverse approvals reflect Odisha’s intent to drive inclusive industrial development and employment across sectors and regions.

The Odisha government has approved seventeen investment proposals worth Rs38.78 billion, expected to create 10,584 new jobs across 11 districts. The decision was taken during the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Manoj Ahuja.The approved investments span a wide range of sectors, including plastics, technical textiles, apparel, ESDM, food processing, renewable energy, tourism, logistics, infrastructure, chemicals, and steel.The plastics sector received six proposals. Greenwave Circularity Pvt Ltd will set up a recycled resin manufacturing facility in Khurda, investing Rs6.5 billion and creating 600 jobs. Gurumaharaj Mining & Industries Pvt Ltd will establish an underground pipeline unit in the same district with a Rs2.39 billion outlay, generating 860 jobs.In Cuttack, Supreme Industries Ltd will invest Rs1.75 billion in a plastic products unit employing 165 people. Lucro Plastecycle Pvt Ltd plans a post-consumer plastic recycling facility in Jagatsinghpur, investing Rs1 billion and generating 1,615 jobs. Royal Touch Fablon Pvt Ltd will produce PP woven sacks in Balasore with an investment of Rs607.8 million, creating 600 jobs.In the textiles and apparel sector, MAS India Clothing Pvt Ltd will invest Rs8.85 billion in a textile processing mill in Khurda, generating 1,700 jobs. Isolloyd Engineering Technologies Ltd will invest Rs510 million in a ceramic fibre manufacturing unit in Jajpur, employing 175 people.Heraeus Technologies India Pvt Ltd will establish a Rs1.88 billion advanced manufacturing unit for metallurgical sensors in Khurda, creating 400 jobs. Addsoft Technologies Pvt Ltd will set up a facility for electronic products in Cuttack, investing Rs1.12 billion and generating 330 jobs.In food processing, Ganesh Consumer Products Ltd will build a flour mill in Khurda with a Rs523.8 million investment, employing 110 people. Ranisati Green Biofuels Pvt Ltd will set up a 100 KLPD ethanol plant in Boudh, investing Rs1.1 billion and creating 260 jobs.In renewable energy, Iron Triangle Ltd will invest Rs3.1 billion in a 200 MWh battery storage system in Bolangir, generating 128 jobs, reinforcing Odisha’s clean energy goals.In the steel sector, Samaleshwari Ferrometals Pvt Ltd will expand its sponge iron plant into a 0.5 MTPA integrated steel unit in Sambalpur with a Rs4 billion investment, creating 350 jobs.Raysons Enterprises Pvt Ltd will invest Rs530 million to develop an eco-resort in Puri, generating 116 jobs in the tourism sector.The logistics sector saw two major proposals: Alpha Coal Beneficiation LLP will set up a freight terminal and coal washery in Sundargarh under the Gati Shakti scheme with Rs2.17 billion, generating 400 jobs. Bhubaneswar Logipark Pvt Ltd will invest Rs2.18 billion to build a logistics park in Khurda, generating a significant 2,700 jobs.Lastly, in chemicals, Special Blasts Ltd will invest Rs549.9 million in an explosives and accessories unit in Angul, generating 75 jobs.The state’s diverse approvals reflect Odisha’s intent to drive inclusive industrial development and employment across sectors and regions.

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