Home » State News » Odisha  Chief Minister initiated the 16th phase of ground-breaking for 19 projects at an investment of Rs 1650 Crore

Odisha  Chief Minister initiated the 16th phase of ground-breaking for 19 projects at an investment of Rs 1650 Crore

Bhubaneswar:17/2/23: Odisha  Chief Minister Naveen Patnaik today initiated the 16th phase of the inauguration and ground-breaking for 19 projects in the state. While two projects were inaugurated, a groundbreaking for 17 projects was organized. The investment intent for these projects was received during the Make in Odisha (MIO) Conclave 2022.

At an investment of Rs 1650 Crore, 4500 plus employment opportunities are expected to be generated from these 19 projects across sectors like plastic, seafood processing, manufacturing, tourism, IT and ESDM, refractory, agro and food processing, pharmaceuticals and steel downstream.

Speaking on the occasion, on a virtual platform, the Chief Minister said that over the years, Odisha has fast emerged as a major manufacturing hub in the country for sectors ranging from Metal and Minerals to Chemical & Petrochemicals and Food Processing, among others. “We have shifted from a resource-dependent, mineral-based industrial development to more rapid, broad-based and inclusive economic growth across diverse sectors,” he added.
Naveen assured to provide the required support to the investors looking to explore Odisha as a potential investment destination and also provide the best of opportunities for its people to grow.

He further said, “My government has always endeavoured to provide a hassle-free and prompt business environment for the investors in Odisha. Our focus on the 5T philosophy in transforming the industrial sector has further strengthened the industry-led ecosystem of value addition, sustainable employment generation and revenue augmentation in the State.”

The recently organized Make in Odisha Conclave- 2022 was an outstanding success as the event was attended by Business Leaders and Industry Delegates from different sectors, across the country, and the event could attract investment intentions of Rs.10 lakh Crore to Odisha, generating potential for employing around 10 lakh people in the state, he added.

“Our vision is to enable faster conversion of investment intents to grounding and provide unmatched facilitation and support to industries,” he said.

Welcoming the industries to Odisha, Industries Minister Pratap Deb said that Odisha is slated to be the next manufacturing hub of the country. The state under the direction of the Chief Minister has been providing every possible support to industries, he added.

Chief Secretary Suresh Chandra Mohapatra, Development Commissioner Pradeep Kumar Jena, Principal Secretary, Water Resources Anu Garg, ACS Tourism Surendra Kumar and other senior officers were present. Industries department Principal Secretary Hemant Sharma gave the welcome address and MD IPICOL and IDCO Bhupinder Singh Punia proposed a vote of thanks.

It may be mentioned here that the Government of Odisha is relentlessly working to ensure that the investment intents generated during the MIO Conclave 2022 are transformed into ground reality. Located in various parts of Odisha, 2 projects were inaugurated and ground-breaking was done for a total of 17 projects. The projects included Supreme Industries Ltd., Ashirvad Pipes Private Limited, IFGL Refractories Limited, JMS Medicon amongst many others.

In the plastic sector, 2 projects were inaugurated, namely Supreme Industries Ltd, and Ashirvad Pipes Private Limited. These projects are located in Cuttack. A total of 470 employment opportunities are expected to be generated from the projects which fall under the plastic segment.

In the food processing sector, the government initiated the ground-breaking for 6 projects namely Sao Breweries and Distilleries Private Limited, Indian Potash Ltd, Globus Spirits Ltd, Oriclean Private Limited, Amrit Dhara Nutrifoods LLP and DN Sea Shells Pvt. Ltd. which together are expected to provide 1459 employment opportunities. The segment saw a total investment of INR 803.6 crores.

In the manufacturing segment the government initiated the ground-breaking for 3 projects. From setting up of manufacturing unit for modular kitchen, workstation etc to that of PET Preforms and Closures for the F&B industries, the state accommodated projects of various magnitudes under the same segment. The manufacturing sector witnessed an investment of INR 293.34 crores and is likely to generate 243 employment opportunities for the youth of the state.

The ground breaking ceremony was also held for Incture Technologies Pvt Ltd in the IT & EDSM segment and for Mayfair Hotels & Resorts Ltd, Aspen Lake Suites LLP and Luxurio Assets Private Limited in the tourism segment. Mayfair Hotels & Resorts Ltd will expand their existing resort franchise to Gopalpur and Ganjam.

On the other hand, Aspen Lake Suites LLP will set-up their 5-star resort facility in Barkul, Chilika, Khurda. Luxurio Assets Private Limited is also expected to come up with their resort facility in Gopalpur and Ganjam. In terms of investments, the IT & EDSM garnered a total investment of INR 46.79 crores while the tourism sector secured a total investment of INR 203.73 crores.

In the steel downstream sector, JSE Infotech Pvt. Ltd. and Nilachal Engineers will invest a total amount of INR 12.78 crores and they are jointly expected to generate 160 employment opportunities. The projects are coming up in Ramdaspur, Cuttack and in Jaymangal, Khurda respectively. Ramdaspur, Cuttack has also been chosen as the destination for JMS Medicon which has invested INR 21.44 crores and is expected to generate 203 employment opportunities. IFGL Refractories Limited which will invest INR 66.27 crores also witnessed their ground-breaking ceremony today.

The State Government of Odisha has always welcomed industrialists to invest in the state. The Government has promptly responded to investors and has worked hard to transform investment intents into reality. Under the leadership of the Chief Minister Naveen Patnaik, the Government has actively helped industrialists to set up their projects and initiate the inauguration and ground-breaking ceremony for all the projects, phase-by-phase, the dignitaries noted.

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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