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Chief Minister Naveen Patnaik inaugurated 4 key industrial units and laid foundations for 17 projects

Bhubaneswar:30/5/23: Chief Minister Naveen Patnaik inaugurated 4 key industrial units and laid foundations for 17 projects at the 17th phase of the ground-breaking and inauguration ceremony for new industrial units in Odisha today.

The cumulative investments for these industries are Rs 3,600 Crore which a can create employment opportunities for 9,200 persons.

Speaking on the occasion, the Chief Minister said that Odisha now ranks second among the top states in attracting investments. His government’s unceasing endeavour in making Odisha a top choice for investors is now taking shape, he added.

He further said that we have always endeavored to provide a hassle-free environment and a prompt system for doing business in Odisha on the philosophy of 5T initiative. The Make in Odisha Conclave-2022 was an outstanding success as it could potentially generate around 10 lakh jobs in the state, he informed.

He congratulated all the companies and the people of Odisha on this occasion and assured continued facilitation support from the State Government. He also requested all the investors present to further expand their businesses in Odisha and be the partners in our Growth Story.

Industries Principal Secretary Hemant Kumar Sharma informed about the units and significance of the projects in his welcome address. IPICOl and IDCO MD Bhupinder Punia proposed the vote of thanks.

JSW MD Partha Jindal, Century Fibre Plates ltd Purusottam Malani, Gadre Marine Export Pvt ltd Arjun Gadre, May Fair Hotels Project Head Dillip Agrawal and Ctrl S Datacentres Ltd CMD Sridhar Pinnapureddy also spoke on the occasion. They said that they are finding a kind of positivity from the administration and industries ecosystem in Odisha is quite vibrant. They appreciated Chief Minister Naveen Patnaik for making Odisha an attractive investment hub for the industries.

Chief Secretary PK Jena, Development Commissioner Smt Anu Garg, Secretary to CM (5T) VK Pandian, and principal secretaries of different departments were present.

It may be recalled here that these industries are the result of the Make in Odisha Conclave, where various companies expressed their investment intent in the state. The realization of these investments was celebrated through four inaugurations and seventeen ground-breaking ceremonies, marking the beginning of industrial projects worth a total of Rs 3629.16 crores. These projects are expected to create over 9,205 employment opportunities for the people of Odisha.

The state government is working hard towards converting these investment intents into grounded projects. According to the recent survey conducted by CMIE capex database and CII Research, Odisha has secured the second position among the leading states in India in terms of attracting significant ongoing investments during the fiscal year 2022-23.

The series of inauguration and ground-breaking ceremonies held today are a testament to this achievement. The ground-breaking and inauguration ceremony was held for projects spread across diverse sectors like Cement, Food Processing, Agro Processing, Plastics, Power &Renewable Energy, IT & ESDM, Steel Downstream, Textile & Apparel, and Tourism. The projects are spread across different districts in the state mainly, Angul, Balasore, Cuttack, Dhenkanal, Khurda, Puri, Jharsuguda, Sambalpur, Sonepur and Sundergarh.

Inauguration of Shiva Cement entailing an investment of Rs 1523.24 crores was done which will generate about 600 employment opportunities in the state. The company has increased their clinker capacity by 1.32 MTPA and Cement capacity by 1.05 MTPA.

During the event, a food processing unit of Gadre Marine Export Pvt. Ltd. was also inaugurated, marking an investment of Rs 68.11 crores. This state-of-the-art facility is expected to generate employment opportunities for approximately 405 people within the state. Gadre Marine Export Pvt. Ltd. Is the world’s third-largest manufacturer of Surimi, a type of value-added fish-paste based product. The company primarily exports Surimi and related products to countries such as Japan, Taiwan, Korea, Thailand, and other nations in South Asia.

The ground-breaking ceremony for CtrlS Datacenters Ltd. was also held, entailing an investment of Rs. 152.25 crores generating an employment opportunity for 110 people in the state. CtrlS Datacenters Ltd. has planned the establishment of a data center facility that offers co-location managed cloud hosting services. Additionally, ground-breaking for Centuary Fibre Plates Pvt. Ltd. – Unit-IV and Mayfair Hotels & Resorts Ltd. was also held. These projects entail investments of Rs. 103.5 crores and are projected to generate employment opportunities for approximately 360 people in the state.

Project Units of HIL Limited and Rarean Fluid-Tech Pvt. Ltd. were inaugurated, in Balasore and Khurda respectively. HIL Limited will be will be manufacturing AAC blocks and Cement sandwich panels, entailing an investment of Rs. 63.24 crores generating an employment opportunity for about 265 people. Rarean Fluid-Tech Pvt. Ltd. will be investing Rs. 49.50 crores in the state providing employment opportunities to about 97 people in the state.

The ground-breaking ceremony for Luminous Power Technologies Pvt. Ltd. was held at Angul entailing an investment of Rs. 481.96 crores generating an employment potential for 1,156 people in the state. It is a trustworthy brand and market leader in power backup, and residential solar space. They plan to manufacture Fuel Cells, ACC, Power Storages and Solar Batteries.

The ground-breaking ceremony of 2 Textile and Apparel units was also held, namely SAPL Industries Pvt. Ltd. and Cotton World (Unit-2), both at Kurukhi, Puri expected to generate employment to around 4200 persons, with project cost of about Rs. 100 crores.

Alongside these projects, ground-breaking ceremonies for Bio Agro Energy Pvt. Ltd., Indalc Spirits Pvt. Ltd., Ratnamani Metals and Tubes Ltd., IFB Agro Industries Ltd., Rourkela Sponge LLP, CMR Aluminium Pvt. Ltd., Prabhukrupa Estates & Properties, Mangalam Tank Pipe and Sanitary, Niyo Polymers Pvt Ltd., Renewable Envirogic Pvt. Ltd., and Shyam Beverages were also held in different districts.

The project details for which Inauguration and Ground-breaking was done are as follows :

Projects for 17thGround-Breaking

1      Shiva Cement    1,523.24               600         Kutra, Sundergarh           Cement

2      Gadre Marine Export Pvt. Ltd.    68.11     405         Tundara, Balasore            Food Processing

3      HIL Limited          63.24     265         Balasore               Cement

4      Rarean Fluid-Tech Pvt. Ltd.          49.50     97           Jaymangal, Khurdha       Plastics

Ground-Breaking

5      Luminous Power Technologies Pvt. Ltd. 481.96   1,156     Aluminium Park, Angul  Power & Renewable Energy

6      Bio Agro Energy Pvt. Ltd.              228.55   337         Sonepur               Agro Processing

7      Indalc Spirits Pvt. Ltd.     215.15   249         Dhenkanal          Agro Processing

8      Ratnamani Metals and Tubes Ltd.             156.00   183         Podabahal, Sundergarh Steel Downstream

9      CtrlS Datacenters Ltd.    152.25   110         Infocity IA, Khurdha        IT & ESDM

10   IFB Agro Industries Ltd. 150.09   274         Somanathpur, Balasore Food Processing

11   Rourkela Sponge LLP      134.80   150         Lathikata, Sundergarh    Agro Processing

12   CMR Aluminium Pvt. Ltd.              101.00   200         Lapanga, Sambalpur       Aluminium Downstream

13   Centuary Fibre Plates Pvt. Ltd. Unit –IV 54.00     250         Khordha IE, Khurdha      Plastics

14   SAPL Industries Pvt. Ltd.               53.00     2,200     Kurukhi, Puri      Textile & Apparel

15   Prabhukrupa Estates & Properties           50.84     110         Sipasurubuli, Puri             Tourism

16   Cotton World (Unit -2)   50.00     2,000     Kurukhi, Puri      Textile & Apparel

17   Mayfair Hotels & Resorts Ltd.     49.50     110         Jharsuguda         Tourism

18   Mangalam Tank Pipe And Sanitary           19.91     202         Gramadiha, Khurdha      Plastics

19   Niyo Polymers Pvt. Ltd. 17.00     144         IID Somnathpur, Balasore            Plastics

20   Renewable Envirogic Pvt Ltd       5.34        102         Choudwar, Cuttack         Waste management

21   Shyam Beverages – II      5.68        61           Ramdaspur, Cuttack       Food Processing

Total              3,629.16               9,205

The State Government of Odisha has always encouraged and welcomed industrialists to invest in the state. Its industry-friendly policies have positioned the state to be a highly alternative destination for investors who have been awaiting opportunities to step into Eastern India or expand their footprint in the region.

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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