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Odisha Government approved 11 projects with investment intents of Rs 2,840 crore

Bhubaneswar:8/5/23: The Odisha Government on Monday approved 11 projects with investment intents of Rs 2,840 crore in its 117th SLSWCA meeting under the chairmanship of  Odisha Chief Secretary Pradeep Kumar Jena.

The State Level Single Window Clearance Authority committee held today approved 11 industrial projects worth Rs 2840.73 crores that would generate 3721 employment opportunities for the people of Odisha. 9 of these proposals converted from the Companies that participated at Make in Odisha Conclave 2022 and showed investment intent in the state.

The state government is working relentlessly towards converting these investment intents into ground reality. Projects spread across diverse sectors like aluminium & aluminium downstream, steel& steel downstream, chemicals& plastics, food processing & packaging, textiles & apparel, tourism and renewable energy received approvals. The approved projects will be set up across various parts of the state including Bolangir, Ganjam, Jagatsinghpur, Khordha, Mayurbhanj, Rayagada, Sambalpur andSundargarh Districts.

The SLSWCA approved the proposal of RCR Steel Works Private Limited, entailing an investment of Rs 896.98 crores. It proposes to set up a steel plant in Jamda, Mayurbhanj and is expected to provide employment opportunities to about 750 people in the state.

The committee also approved the expansion proposal of Utkal Alumina International Ltd at Rayagada district and Hindalco Industries Limited at Lapanga, Sambalpur, which promises cumulative investment of nearly INR 1000 crores and is expected to provide employment opportunities to over 500 people in and around of these districts.

The SLSWCA also approved the project proposal of Mahindra Holidays and Resorts India Ltd. to set up a resort at Somolo Island, Chilika Lake in the Ganjam District with an investment of Rs 228.45 Crores. This project is expected to further strengthen Odisha’s position in the Tourism Map of India.

In the chemicals sector, the committee gave a nod to a project, by Ion Exchange (India) Ltd. With an investment of Rs 303 crores, company proposes to set up a Manufacturing unit of 25000 MT Water Treatment Chemicals & 30000 MT Monomer and Polymers in Paradip, which will provide employment opportunities to over 150 people of Odisha.

In the textiles and apparel sector, Indian Stitches Private Limited is setting up a fabric processing plant with an investment of INR 100 crores, generating employment opportunities for over 1000 people in the state.

In the food processing sector, the project proposal of Taj SATs Ltd to set up food processing and packaging units in Khordha was approved. The project comes with an investment of Rs 51 Crores and potential employment for 200 people.

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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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