Odisha CM Lays Foundation for Rs 28 Billion Industrial Projects
ECONOMY & POLICY

Odisha CM Lays Foundation for Rs 28 Billion Industrial Projects

Odisha Chief Minister Mohan Charan Majhi laid the foundation stone for 12 industrial projects worth over Rs 28 billion at a special event in Chhatrapur, Ganjam district, on Thursday. The projects span diverse sectors including green hydrogen, chemicals, and renewable energy, marking a transformative phase in the region’s industrial development.

“This marks a new milestone in Ganjam’s industrial growth and opens a fresh path to prosperity for the district,” Majhi said. He added that these initiatives are expected to generate more than 15,000 jobs locally.

Highlighting the success of the ‘Make in Odisha 2025’ initiative, the Chief Minister noted that within four months, the state attracted investments totalling Rs 150 billion, creating nearly 90,000 employment opportunities.

Majhi also referenced recent foundation stones laid for projects worth Rs 70 billion in Kalinganagar, Jajpur district, and Rs 50 billion in Dhenkanal district. “Today, we take another step forward with nearly Rs 30 billion of investments here in Ganjam. Our commitment is to build a prosperous Odisha by 2036,” he asserted.

He emphasised the vision of developing a port-based industrial ecosystem, with plans to build 3-4 new ports alongside the existing three. The central government has approved infrastructure projects worth Rs 100 billion in railways and highways, and Odisha will witness the development of 75,000 kilometres of world-class roads and multiple industrial corridors.

Majhi expressed confidence in the youth as the state’s driving force. To address the demand for skilled labour in modern industries, four World Skill Centres will be established. Odisha has partnered with Singapore’s ITEES for advanced skill training, and all Industrial Training Institutes (ITIs) are being upgraded to provide contemporary education.


"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."

Odisha Chief Minister Mohan Charan Majhi laid the foundation stone for 12 industrial projects worth over Rs 28 billion at a special event in Chhatrapur, Ganjam district, on Thursday. The projects span diverse sectors including green hydrogen, chemicals, and renewable energy, marking a transformative phase in the region’s industrial development.“This marks a new milestone in Ganjam’s industrial growth and opens a fresh path to prosperity for the district,” Majhi said. He added that these initiatives are expected to generate more than 15,000 jobs locally.Highlighting the success of the ‘Make in Odisha 2025’ initiative, the Chief Minister noted that within four months, the state attracted investments totalling Rs 150 billion, creating nearly 90,000 employment opportunities.Majhi also referenced recent foundation stones laid for projects worth Rs 70 billion in Kalinganagar, Jajpur district, and Rs 50 billion in Dhenkanal district. “Today, we take another step forward with nearly Rs 30 billion of investments here in Ganjam. Our commitment is to build a prosperous Odisha by 2036,” he asserted.He emphasised the vision of developing a port-based industrial ecosystem, with plans to build 3-4 new ports alongside the existing three. The central government has approved infrastructure projects worth Rs 100 billion in railways and highways, and Odisha will witness the development of 75,000 kilometres of world-class roads and multiple industrial corridors.Majhi expressed confidence in the youth as the state’s driving force. To address the demand for skilled labour in modern industries, four World Skill Centres will be established. Odisha has partnered with Singapore’s ITEES for advanced skill training, and all Industrial Training Institutes (ITIs) are being upgraded to provide contemporary education.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement