Odisha CM inaugurated industrial projects worth over Rs 2k cr

15 Jan 2022 CW Team

For boosting industrial activities in the state of Odisha and generating employment, CM Naveen Patnaik has inaugurated two industrial projects and performed the groundbreaking for 11 projects.

These industrial projects include a cement manufacturing facility, three ethanol plants, a logistic park, steel expansion projects, and a 5-star resort.

These projects will provide employment opportunities to over 3,200 people in Odisha. The companies, including Tata Steel, Swosti Premium, Greentech Bioenergy and Coastal Biotech, are promoting these projects.

The first project to be inaugurated is a cement grinding facility of 1.5 metric tonnes per annum at KNIC, Jaipur, by Jaipur Cement worth Rs 400 crore. It will provide employment opportunities to over 214 people.

The second project that was inaugurated is a biodegradable tableware manufacturing facility at Growth Centre, Balangir, by Swosti Ecowares, worth Rs 9.03 crore. This project will provide employment opportunities to over 49 people.

Odisha aims to strengthen its position and remain a leading state in the coming years, with innovation, infrastructure, dedication and best technology backed by Ease of Doing Business for investors.

During the inauguration ceremony, officials, including Chief Secretary Suresh Chandra Mahapatra, Development Commissioner P K Jena, Secretary to CM V K Pandian, and Principal Secretaries and Secretaries of different departments were present.

Image Source

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..