Odisha Approves ₹3,855 Crore Investments, Eyes 7,765 New Employment Opportunities

The approvals were granted during the 151st meeting of the SLSWCA, chaired by Chief Secretary Anu Garg.

The projects span 11 key sectors, reflecting the state’s strategy to diversify investments and strengthen employment generation across urban and emerging industrial regions.

The approved projects will be implemented across 12 districts, including Angul, Balasore, Bhadrak, Cuttack, Ganjam, Jajpur, Jharsuguda, Khordha, Nayagarh, Puri, Sambalpur, and Sundargarh.

Tourism emerged as the largest investment recipient, attracting proposals worth over ₹1,035 crore.

The sector will witness the development of luxury hotels, resorts, and convention facilities, further strengthening Odisha’s position as a growing tourism destination.

The paper, packaging, and plastics sector secured investments exceeding ₹1,029 crore.

Major projects include a high-capacity manufacturing unit by Alisha Torrent Closures in Nayagarh and a large paper and packaging facility in Khordha, expected to generate significant employment.

The biofuel sector also received a substantial push, with three compressed biogas (CBG) projects worth ₹680 crore approved for implementation.

The initiatives align with Odisha’s commitment to sustainable and clean energy development.

In the aerospace and defence segment, two projects focused on drone and aerospace manufacturing have been approved in Khordha district, underscoring the state’s efforts to attract high-technology industries.

Other approved proposals include pharmaceutical manufacturing, logistics infrastructure, and a Global Competency Centre, highlighting Odisha’s ambition to become a preferred destination for both traditional and emerging industries.

Officials said the latest approvals reinforce Odisha’s investor-friendly environment and are expected to accelerate industrial growth, regional development, and employment generation across the state.