Industries Minister chairs high-level review meeting Odisha Govt pushes for speedy execution of IOCL mega projects in Paradeep and Bhadra

Bhubaneswar, May 23, 2025: In a decisive move to boost Odisha’s industrial landscape, Industries, Skill Development and Technical Education Minister, Shri Sampad Chandra Swain, chaired a high-level review meeting today at Kharavel Bhawan, focusing on expediting key infrastructure projects by Indian Oil Corporation Limited (IOCL).

The review zeroed in on two transformative ventures: the Dual Feed Naphtha Cracker Plant in Paradeep and the Yarn Manufacturing Project in Bhadrak — both considered cornerstones of Prime Minister Shri Narendra Modi’s Purvodoya vision.

Calling for urgency and synergy across departments, Shri Swain directed officials to resolve pending land acquisition issues and accelerate the process of obtaining statutory clearances. He emphasized that early grounding of these projects is crucial not only for industrial growth but also for unlocking large-scale employment and investment opportunities in the state.

“These projects represent a turning point in Odisha’s development journey,” Shri Swain stated. “They will serve as catalysts for economic transformation, ushering in a new era of industrial prosperity for our people.”

Higher Education, Sports & Youth Services and Odia Language, Literature & Culture Minister, Shri Suryabanshi Suraj, echoing on the words of Shri Swain, emphasized on the importance of coordinated action among all stakeholders to realize Odisha’s long-term economic potential.

The Paradeep Naphtha Cracker Plant is expected to be a game-changer in the petrochemicals sector, creating a robust downstream ecosystem, while the Bhadrak Yarn Project is set to bolster the state’s textile industry and generate significant employment, particularly in rural regions.

The meeting reflected the Odisha government’s strong commitment to facilitating industrial investment through proactive governance, timely interventions, and inter-departmental collaboration.

Also present were Shri Hemant Sharma, Additional Chief Secretary, Industries Department; senior officials from IOCL, IDCO, IPICOL, OPTCL, Tata Power, Dredging Corporation of India Limited; and senior officers from the Departments of Revenue & Disaster Management, Water Resources, and Collectors of Bhadrak and Jagatsinghpur districts.