- The 9th phase of ground-breaking for 23 Industrial units with investments over Rs. 4858.5 crore
- Inauguration of 3 industrial projects with an investment of Rs. 709 crore
Bhubaneshwar, 7th March 2020: In the 9th phase of ground-breaking/inauguration of industrial projects today Hon’ble Chief Minister, Shri. Naveen Patnaik in Bhubaneswar did the ground-breaking for 23 industrial units across various sectors and Inauguration of 3 industrial projects, worth a total of Rs. 5567.5 crores combined with the employment potential of 9168 peoples in the state.
The projects which were inaugurated by the Chief Minister today include:
Aditya Birla Renewable is setting up Solar Power Plant for the sector of Power & Renewable Energy with an investment of Rs. 352.5 crore at Harabhanga, Boudh providing employment of 80 peoples.
- Jindal Stainless Ltd. is coming up to set up an expansion of cold Rolling Mill on Metal & Metal Downstream with an additional investment of Rs. 265 crore at Kalinganagar, Jajpurwith an employment potential of 550 peoples.
- AKM Agro is setting up 30,000 TPA Vegetable Oil Manufacturing unit on food processing with an investment of Rs. 91.5 crore at Industrial Estate, Khurda providing employment of 384 peoples.
Besides the above, the event today witnessed a Groundbreaking ceremony of 23 industrial units across various sectors including; Power & Renewable Energy, Metal & Metal Downstream, Food processing, Tourism, Fertilizer, Refinery, Petrochemical, Chemical & Plastics, Pharmaceuticals, Textile & Apparel.
The other dignitaries were present at the ceremony, Captain Shri Dibya Shankar Mishra, Minister of Energy, Industries, Micro, Small & Medium Enterprises, Government of Odisha; Hemant Sharma, Principal Secretary Industries and MSME departments; and the representatives of the 26 companies at Kharavela Bhawan in Bhubaneswar.
Speaking during the ceremony, Hon’ble Chief Minister Shri Naveen Patnaik said, Odisha is fast emerging as the manufacturing hub of eastern India and we are working towards developing the state into a manufacturing hub of South Asia. I congratulate all the concerned companies on this milestone and assure everyone of complete facilitation support from the state government. These projects will usher in the next era of industrial growth in the state and will contribute towards the vision of an industrially prosperous Odisha.
Captain Shri Dibya Shankar Mishra, Minister of Energy, Industries, Micro, Small & Medium Enterprises and Government of Odisha added, “Investments in various sectors in the state has helped to propel industrial development. We have successfully taken several initiatives in different sectors to gain the attention of the stakeholders.”
Hemant Sharma, Principal Secretary Industries and MSME departments said, “Odisha is the now one of the most favored investment destination in the country because of many geographical and environmental advantages and has become home to some of the well-known firms in the country”.
Odisha has cornered 18 percent of the virgin investments drawn by all states and also edged past Maharashtra as the most attractive destination for investments during H1 or the April-September period of FY20 which is a huge achievement for the State.
Prospective Companies for Ground Breaking Phase-IX_07.03.2020
|S.No.||Name of the Company||Investment Amount
|Emp. Potential||Classification||Location||Project Description||Sector|
|1||Aditya Birla Renewable||352.5||80||Inauguration||Harabhanga, Boudh||Solar Power Plant||Power & Renewable Energy|
|2||Jindal Stainless Ltd||265.0||550||Inauguration||Kalinganagar, Jajpur||Expansion of Cold Rolling Mill||Metal & Metal Downstream|
|3||AKM Agro||91.5||384||Inauguration||IE, Khurda||30,000 TPA Vegetable oil manufacturing unit||Food Processing|
|4||Rungta Mines Limited (RML)||2,135.0||2,289||Ground Breaking||Kamanda, Sundargarh||Expansion of Integrated Steel Plant 0.9 MTPA capacity||Metal & Metal Downstream|
|5||Shri Jagannath Steel & Power Limited||835.3||501||Ground Breaking||Barbil, Keonjhar||Expansion of Integrated Steel Plant to 0.3 MTPA capacity||Metal & Metal Downstream|
|6||Kamaljeet Singh Ahluwalia||593.7||1,274||Ground Breaking||Barbil, Keonjhar||Expansion of Steel Plant to 0.2 MTPA capacity||Metal & Metal Downstream|
|7||MSP Sponge Iron Limited||573.4||978||Ground Breaking||Gobardhan, Keonjhar||Expansion and modernization of Integrated Steel Plant to 0.283 MTPA||Metal & Metal Downstream|
|8||KashikaMetaliks Limited||504.0||2,181||Ground Breaking||Kalinganagar, Jajpur||0.2 MTPA Ductile Iron Pipe Plant Complex||Metal & Metal Downstream|
|9||Kashvi International (P) Ltd||152.8||188||Ground Breaking||Jhumpura, Keonjhar||Pellet Plant||Metal & Metal Downstream|
|10||Ilex Developers & Resorts Ltd||20.0||110||Ground Breaking||Bhubaneswar, Khurdha||Expansion of its existing hotel to a 5 star hotel||Tourism|
|11||DibyaMultigrainsPvt.Ltd.||9.0||163||Ground Breaking||Ramdaspur, Cuttack||Spices& Vermicelli Processing unit||Food Processing|
|12||SidhiVinayak Oxygen||4.9||26||Ground Breaking||Ramdaspur, Cuttack||Oxygen & oxygen cylinder Manufacturing||Others|
|13||Tarini Packaging & Graphics||4.8||52||Ground Breaking||Ramdaspur, Cuttack||Paper Box Manufacturing Unit||Paper|
|14||Fun Leela Water Park||4.5||33||Ground Breaking||Lahandabud, Jharsuguda||Water and Amusement Park||Tourism|
|15||Fortune Powernic Solutions (P) Ltd.||2.8||50||Ground Breaking||Ramdaspur, Cuttack||Manufacturing of Diesel Generator unit||Others|
|16||Recaardus Enterprises||2.4||37||Ground Breaking||Ramdaspur, Cuttack||Manufacturing of Bread & Biscuits||Food Processing|
|17||RiddhiBinayak Pet Industries||2.3||45||Ground Breaking||Choudwar, Cuttack||Different sizes of pet bottles||Plastics|
|18||LaxmiPriya Agro Food Processing||2.1||49||Ground Breaking||Ramdaspur, Cuttack||Manufacturing of Fruit squash etc.||Food Processing|
|19||East Coast Thermocol& Paper Products||2.0||26||Ground Breaking||Somnathpur, Balasore||EPS Thermocol Sheets Corrugated Boxes||Paper|
|20||Ganapati Steel Industry||1.9||28||Ground Breaking||Somnathpur, Balasore||Manganese Steel Casting Product||Metal & Metal Downstream|
|21||Raj Udyog||1.5||26||Ground Breaking||Somnathpur, Balasore||Moulded Furniture & Powder coating of Aluminium Frame||Others|
|22||Turbo Classic||1.5||18||Ground Breaking||IE Kalunga, Rourkela||Coal Tar distillation||Fertilizer, Refinery, Petrochemical, Chemical & Plastics|
|23||Tirupati Plastic||1.4||22||Ground Breaking||Choudwar, Cuttack||PVC Flexible & Rigid Pipes & Plastic Granules||Plastics|
|24||DishuSurgicals||1.3||34||Ground Breaking||IE Mahisapat, Dhenkanal||Surgical Goods||Pharmaceutical|
|25||Rowan Mills (P) Ltd.||1.0||14||Ground Breaking||Ramdaspur, Cuttack||Manufacturing of Bread & Bakery Product||Food Processing|
|26||Venus Cotton Industries||1.0||10||Ground Breaking||Somnathpur, Balasore||Processed Waste Cotton||Textile & Apparel|