Odisha Woos Global Investors at India Chem 2026, Eyes Leadership in Chemical Manufacturing

Mumbai: Odisha Chief Minister Mohan Charan Majhi arrived in Mumbai to participate in India Chem 2026, India’s flagship chemicals and petrochemicals industry event, where the state is positioning itself as a preferred destination for large-scale investments in the chemical sector.

Held at NESCO, Goregaon, the three-day event brings together policymakers, global investors, industry leaders, and experts from over 100 countries under the theme “Advantage Bharat: An Emerging Global Chemicals Hub.”

During the summit, the Chief Minister is scheduled to attend the inaugural session, participate in a CEO Roundtable chaired by Union Minister J.P. Nadda, and hold one-on-one meetings with representatives of more than 20 leading companies.

The interactions are expected to focus on new investments, capacity expansion, and downstream manufacturing opportunities in Odisha.

The Odisha government plans to showcase the state’s industrial ecosystem, investor-friendly policies, strategic port connectivity, and abundant natural resources.

Particular emphasis will be placed on coal gasification projects and the proposal for a large integrated chemical industrial park dedicated to chemicals, petrochemicals, plastics, and packaging industries.

According to official data, Odisha has attracted investment proposals from 56 companies in the chemical and petrochemical sector over the past two years.

These proposals represent a cumulative investment of ₹1,93,087.94 crore with the potential to generate employment for over 1.12 lakh people.

Of these, 27 projects have already been grounded or inaugurated, translating into investments worth ₹60,825.34 crore and employment opportunities for 35,351 people.

The state has also witnessed recent industrial expansion in Jajpur district, where nine projects involving investments of ₹4,136 crore were announced, with the potential to create 1,508 jobs.

Speaking on Odisha’s industrial growth strategy, Mohan Charan Majhi emphasised the state’s ambition to move beyond being a supplier of raw materials and emerge as a leading hub for value-added manufacturing.

He highlighted Odisha’s robust infrastructure, policy support, resource advantages, and growing industrial ecosystem as key drivers of future growth.

With a strong focus on industrialisation and job creation, Odisha is leveraging India Chem 2026 to attract global investments and strengthen its position as one of India’s fastest-growing destinations for chemical and petrochemical manufacturing.