Bhubaneswar: Odisha’s industrial growth trajectory received a significant boost on Tuesday, as the State Level Single Window Clearance Authority (SLSWCA) approved 31 major projects across diverse sectors, valued at ₹4,954.26 crore. These projects are poised to generate over 24,000 jobs, creating a transformative impact on the state’s economy and its various industries.
During the 131st SLSWCA meeting held in Bhubaneswar, chaired by Chief Secretary Manoj Ahuja, the approval of these projects highlighted Odisha’s commitment to sustainable growth, green energy, and industrial diversification.
A Game-Changer for Multiple Sectors
The new projects cover a wide range of industries, including Mechanical and Electrical Capital Goods, Food Processing, Apparel, Green Energy, Biofuels, ESDM (Electronics System Design & Manufacturing), Pharmaceuticals, Steel (Ancillary and Downstream), Packaging, Tourism, and more. This diversification aligns with Odisha’s strategy to establish itself as a leading industrial hub in India, attracting both national and global investors.
The sectors that will directly benefit from these projects include ethanol production, compressed biogas, and renewable energy, which represent Odisha’s growing focus on sustainable solutions.
Ethanol and Biogas Projects Lead the Way
Two major projects in the ethanol sector stand out among the approved proposals. Maa Chinnamastika Energy will set up a grain-based ethanol plant with an investment of ₹104 crore, marking a significant milestone in Odisha’s drive towards sustainable fuel alternatives. Additionally, IMFA (Indian Metals & Ferro Alloys) Ltd is set to establish another grain-based ethanol plant in Rayagada with an investment of ₹139.9 crore, further contributing to India’s biofuel mission.
In the compressed biogas sector, Bharat Petroleum Corporation Limited (BPCL) will invest ₹200 crore to establish a biogas and fermented organic manure plant, supporting the shift towards eco-friendly energy sources. Reliance Bio Energy has also pledged a substantial ₹121.21 crore each to develop compressed biogas plants in both Sonepur and Sambalpur, reaffirming Odisha’s commitment to cleaner and greener industrial practices.
Manufacturing, Tourism, and Infrastructure Investments
Beyond the ethanol and biogas sectors, Odisha is making significant strides in manufacturing. Polimiroir India Pvt Ltd will establish a ₹128 crore facility for industrial steel rollers, while Danieli India’s ₹190 crore investment will see the establishment of a manufacturing plant that strengthens the state’s mechanical and capital goods sector.
Odisha’s tourism sector is also witnessing a notable push, with SNM Hotel and Resorts planning a luxury hotel-cum-resort in Puri, with an investment of ₹212.25 crore. Other hospitality projects include Mayfair Hotels & Resorts’ ₹105 crore expansion of Paradip Panthanivas, GM Infra-Tech’s resort development in Koraput for ₹81.11 crore, and Crackers India Infrastructures’ 4-star resort in Kendrapada, costing ₹56 crore. These projects not only diversify Odisha’s economy but also promote the state as a prime tourist destination.
Pioneering Ship Recycling Facility
Among the most ambitious projects approved is Neptunus Ship Builders & Recyclers' integrated ship recycling industry. With an investment of ₹934.54 crore, this facility will be one of the largest of its kind in the region, offering a modern and sustainable approach to ship dismantling and recycling, further bolstering Odisha’s industrial capabilities.
Key Projects to Shape Odisha’s Future
- Ethanol Sector: Maa Chinnamastika Energy – ₹104 crore for a grain-based ethanol plant. IMFA Ltd – ₹139.9 crore for a grain-based ethanol plant in Rayagada.
- Compressed Biogas Sector: BPCL – ₹200 crore for a compressed biogas and fermented organic manure plant. Reliance Bio Energy – ₹121.21 crore for biogas plants in Sonepur and Sambalpur.
- Industrial and Steel Manufacturing: Polimiroir India Pvt Ltd – ₹128 crore for industrial steel rollers. Danieli India – ₹190 crore for capital goods manufacturing. Gajanan Prabhu Saw Pipes – ₹80 crore for spiral welded pipes. Nawneet Marketing – ₹85.14 crore for an HR/CR coil processing and tube manufacturing unit in Jajpur.
- Food and Beverage: Bisleri International – ₹95 crore for a beverage production unit. Jay Bharat Spices – ₹50 crore for corn starch manufacturing. GAK Rice – ₹70.15 crore for an integrated rice mill.
- Tourism: SNM Hotel and Resorts – ₹212.25 crore for a luxury resort in Puri. Mayfair Hotels & Resorts – ₹105 crore expansion of Paradip Panthanivas. GM Infra-Tech – ₹81.11 crore for a Koraput resort expansion. Crackers India Infrastructures – ₹56 crore for a 4-star resort in Kendrapada. Hotel Sonar Bangla Simlipal – ₹51.04 crore for an eco-friendly resort in Mayurbhanj.
- Refractories and Packaging: Calderys India Refractories – ₹698.71 crore for refractory products. Shalimar Glass Works – ₹475.54 crore for a glass packaging facility.
Spreading Development Across Districts
These projects are strategically spread across Odisha’s districts, including Khurda, Bargarh, Sonepur, Sambalpur, Jharsuguda, Angul, and more. This balanced development will ensure that economic growth is not concentrated in a few regions but benefits a wider part of the state, promoting inclusivity and equitable industrialization.
Conclusion
Odisha’s approval of these 31 projects marks a defining moment in its industrial landscape, highlighting the state’s forward-thinking approach towards sustainable energy, manufacturing, and tourism. With a focus on generating over 24,000 jobs, the projects are expected to significantly enhance the livelihood of thousands of families while driving economic growth.
Odisha’s commitment to promoting green energy and industrial diversification is evident through these investments, positioning the state as a beacon of sustainable growth and an attractive destination for future industrial projects.
As the projects unfold, they will not only contribute to Odisha’s industrial development but also solidify its standing as a key player in India's green energy and manufacturing sectors.