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Odisha Government approved investment proposals worth Rs 1.10 lakh crore

in State News July 1, 2017 Comments Off on Odisha Government approved investment proposals worth Rs 1.10 lakh crore 1,271 Views

Bhubaneswar:1/7/17; The state has already approved investment proposals worth Rs 1.10 lakh crore after the event in Bhubaneswar and investors’ meet in Mumbai and Bengaluru. The State Level Single Window Authority (SLSWCA) today sanctioned fresh investments of Rs 650 crore from Emami Paper Mills Ltd, Rs 430 crore from Ambuja Cements Ltd and Rs 108 crore from Surya Foods and Agro Ltd.

Industrial development in the state is on fast track after successful Make in Odisha Conclave and the implementation of a Business Reforms Program, which has led Odisha as a leader in the implementation of business reforms.

With the approval from SLSWCA, Emami Paper Mills will expand their multi-layer coated manufacturing plant at Balgopalpur Industrial Estate which is expected to generate around 1750 direct and indirect employment opportunities.

Proposal of Ambuja Cements to set up a 1.5 MTPA cement grinding unit at Industrial Growth Center, Jharsuguda has also been approved by the SLSWCA today.

Similarly, the proposal from Surya Foods and Agro Ltd (SFAL) has also been approved and the company will set up a biscuit manufacturing unit of 60,000 TPA at Khordha Food Park.

Chief Minister Naveen Patnaik has set a Vision 2025 of attracting investments worth Rs 2.5 lakh crore and creating employment opportunities for 30 lakh citizens of the state.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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