Odisha Eyes Global Investment Partnerships
ECONOMY & POLICY

Odisha Eyes Global Investment Partnerships

During his engagement with Singapore's business community, CM Majhi highlighted Odisha’s robust industrial policies, abundant natural resources, and a growing ecosystem for startups and innovation. Key sectors like manufacturing, renewable energy, IT, and logistics were showcased as areas ripe for investment. The state’s proactive initiatives, including ease of doing business and single-window clearance systems, were presented as critical enablers for foreign investors.

The CM underscored Odisha's strategic location as a gateway to Eastern India and its burgeoning infrastructure projects, such as industrial parks, port developments, and transportation networks, aimed at facilitating trade and commerce. The state is particularly keen on leveraging Singapore's expertise in smart city development, port management, and advanced technology to elevate its infrastructure capabilities.

In addition to industrial growth, Majhi emphasized sustainable development and green energy as key priorities. He invited investors to explore opportunities in renewable energy projects, including solar and wind energy, as Odisha works towards becoming a leader in India’s green transition.

The discussions also focused on fostering technology-driven collaborations, especially in IT and digital services, where Singapore’s advanced capabilities could synergize with Odisha’s growing talent pool. The CM assured potential investors of the state government’s full support in terms of policy incentives and infrastructure readiness.

Singapore-based businesses responded positively, expressing interest in exploring Odisha’s investment landscape further. Many appreciated the state’s focused approach toward fostering global partnerships and its readiness to adapt to international business standards.

This initiative marks another step in Odisha's ambition to position itself as a preferred investment destination, furthering its vision for inclusive and sustainable economic growth. Collaborative ventures stemming from this engagement are expected to open new avenues for innovation, employment, and prosperity in the region.

During his engagement with Singapore's business community, CM Majhi highlighted Odisha’s robust industrial policies, abundant natural resources, and a growing ecosystem for startups and innovation. Key sectors like manufacturing, renewable energy, IT, and logistics were showcased as areas ripe for investment. The state’s proactive initiatives, including ease of doing business and single-window clearance systems, were presented as critical enablers for foreign investors. The CM underscored Odisha's strategic location as a gateway to Eastern India and its burgeoning infrastructure projects, such as industrial parks, port developments, and transportation networks, aimed at facilitating trade and commerce. The state is particularly keen on leveraging Singapore's expertise in smart city development, port management, and advanced technology to elevate its infrastructure capabilities. In addition to industrial growth, Majhi emphasized sustainable development and green energy as key priorities. He invited investors to explore opportunities in renewable energy projects, including solar and wind energy, as Odisha works towards becoming a leader in India’s green transition. The discussions also focused on fostering technology-driven collaborations, especially in IT and digital services, where Singapore’s advanced capabilities could synergize with Odisha’s growing talent pool. The CM assured potential investors of the state government’s full support in terms of policy incentives and infrastructure readiness. Singapore-based businesses responded positively, expressing interest in exploring Odisha’s investment landscape further. Many appreciated the state’s focused approach toward fostering global partnerships and its readiness to adapt to international business standards. This initiative marks another step in Odisha's ambition to position itself as a preferred investment destination, furthering its vision for inclusive and sustainable economic growth. Collaborative ventures stemming from this engagement are expected to open new avenues for innovation, employment, and prosperity in the region.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement