Odisha Secures Rs 67,000 Cr Investments, 56,000 Jobs at Hyderabad Investors’ Meet
Hyderabad, Dec 19: Odisha has emerged as a major investment destination, securing commitments worth Rs 67,000 crore and paving the way for over 56,000 new jobs at the Odisha Investors’ Meet held in Hyderabad.
Chief Minister Mohan Charan Majhi highlighted Odisha’s transformation into a “growth engine of India,” stressing policy stability, competitive costs, and a facilitative governance framework as key drivers.
The event, attended by more than 500 delegates, including industry leaders and business associations, showcased Odisha’s diversified industrial ecosystem and future-ready infrastructure.
The meet witnessed the signing of 13 Memoranda of Understanding (MoUs) worth Rs 27,650 crore, expected to generate 15,905 jobs. Additionally, investment intents totalling Rs 39,131 crore were received, with potential employment opportunities exceeding 40,000.
Key sectors drawing investor interest included pharmaceuticals, medical devices, renewable energy equipment, textiles, electronics, IT and data centres, and advanced manufacturing.
Odisha’s strategic advantages—its extensive coastline, port-led development, expanding industrial corridors, and multimodal connectivity—were underscored as catalysts for growth.
Industries Minister Sampad Chandra Swain reaffirmed the state’s commitment to seamless facilitation and continuous engagement, while industry representatives praised Odisha’s transparent policies and improving infrastructure.
With this strong response, Odisha is positioning itself as a diversified, value-added, and employment-oriented hub, contributing significantly to India’s industrial expansion under the national vision of Purvodaya.
