Odisha Targets Role as MSME Hub for Eastern India

03 Dec 2025 CW Team

Odisha has set its sights on becoming the MSME gateway of eastern India, Chief Minister Mohan Charan Majhi said at the Odisha Industrial Conclave 2025, organised by Laghu Udyog Bharati (LUB). Calling the state a land of possibilities, he noted that Odisha has emerged as a leading destination for micro, small and medium enterprises.

He said that reforms such as the Go-Swift single-window system now allow project approvals within a day. Odisha has also invested 6.1 per cent of its GDP in infrastructure development, which is expected to further accelerate industrial and MSME growth.

Majhi emphasised the success of the Subhadra Yojana, describing it as an initiative that promotes financial independence among rural women through small enterprises. The programme has created 1.7 million ‘Lakhpati Didis’, positioning Odisha as a top performer. Citing global trends where small businesses account for 90 per cent of enterprises and 50 per cent of jobs, he said small industries enrich the economy as much as they contribute to it.

Reaffirming the vision of ‘Viksit Odisha O Viksit Bharat’, he expressed confidence that the state would firmly establish itself as the MSME gateway of the region. He also lauded LUB for supporting more than 980 industrial units and for its plan to open an office in Bhubaneswar to strengthen industry–government engagement across districts.

MSME Minister Gokulananda Mallik said the government was working to boost local products, artisans and small businesses. He noted that an Ekta Mall was being set up at Gandamunda with an investment of Rs 1870 million, alongside MSME parks planned in all 30 districts, with 14 nearing completion.

The conclave drew more than 1,000 delegates and featured panel sessions, B2B engagements and awareness programmes for entrepreneurs across multiple sectors.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..