Bhubaneswar: The 123rd State Level Single Window Clearance Authority (SLSWCA) held here on Tuesday under the chairmanship of chief secretary Pradeep Kumar Jena gave its nod to 12 industrial investment proposals worth Rs 2794.47 crore.
Significant endorsements were made in these semiconductor and ESDM sector, further strengthening Odisha’s manufacturing capabilities. The Aluminium industry received a boost, emphasizing the State’s focus on modern manufacturing and sustainable materials. The steel sector, both downstream and primary, witnessed a surge in approvals, highlighting the region’s rich mineral resources and metallurgical expertise. Gemstone sector emerged as a priority, reflecting Odisha’s commitment to diamond and jewellery production. The food, beverage and allied sectors saw advancements, tapping into the State’s food processing potential. Tourism sector’s growth was championed to leverage Odisha’s cultural and natural attractions. These sectors spanned across 7 districts indicating a widespread industrial development strategy.
These projects, with a combined investment of INR 2,794.47Crores, are set to generate employment for approximately 4,715 individuals, reflecting the State’s unwavering commitment to job creation and sustainable development.
In the semiconductor and ESDM sector, RIR Power Electronics Ltd committed to Invest INR 510.80 Crores in the establishment of manufacturing fabrication and packaging facility for silico carbide devices and SIC modules on Semi-Conductor and ESDM Sector. Consequently, generating employment for 206 individuals in Khordha, InfoValley.
These projects, with a combined investment of INR 2,794.47Crores, are set to generate employment for approximately 4,715 individuals, reflecting the State’s unwavering commitment to job creation and sustainable development.
In the semiconductor and ESDM sector, RIR Power Electronics Ltd committed to Invest INR 510.80 Crores in the establishment of manufacturing fabrication and packaging facility for silico carbide devices and SIC modules on Semi-Conductor and ESDM Sector. Consequently, generating employment for 206 individuals in Khordha, InfoValley.
Nuvo Aeon Diamond and Jewellery Manufacturing LLP is poised to revolutionize the gemstone sector with its state-of-the-art lab-grown diamond and jewellery manufacturing facility in Khordha. With an investment of INR 256.50 Crores, this pioneering venture will not only generate employment opportunities for 300 individuals but also serve as the first-of-its-kind manufacturing facility. Furthermore, it is expected to stimulate the growth of ancillary and downstream industries within the gems and jewellery sector.
The steel sector has experienced significant growth due to investment from several companies including Four Star Metaliks Pvt Ltd, KhedariaIspat Ltd, New Laxmi Steel & Power Pvt Ltd and Abhirav Industries Pvt Ltd. Collectively, these companies have invested near about INR 900 Crores in regions such as Jajpur & Sundargarh. Through these investment in ancillary & downstream sectors the state will generate employment for more than 1696 people.
In Fertilizer sector, the Utkal Phosphates Pvt Ltd is investing 62.07 Crores on establishing a manufacturing unit of Single Super Phosphate (SSP) &Granulated Single Super Phosphate (GSSP) fertilizer unit with annual capacity of 1,20,000 MT in Jagatsinghpur.
Hindalco Industries Ltd is gearing up to invest INR 834.00 Crores in the aluminium downstream sector, specifically for the establishment of an Aluminum Battery Foil manufacturing facility in Sambalpur. This significant investment is expected to create job opportunities for 1,038 individuals. It will not only energize the investment landscape but also make the state more appealing to companies involved in electric vehicle (EV) battery manufacturing, encouraging them to establish their units in the region
Narayani Green Pack is setting up a corrugated paper and paper board containers manufacturing facility for Nestle in Khordha with an investment of INR 50.84 Crores and an employment potential of 120.
In the Food, Beverage and Allied sector M/s Maa Tarini Roller Flour Mills LLP slated to Invest 58.30 Crores on fully automated flour mill in Khordha while Milk Mantra dairy is investing Pvt Ltd 51.10 Crores on establishing a manufacturing unit for diary product in Puri. The combined employment generation potential is around 1135.
Odisha tourism sector is set to shine brighter with Mayfair Hotels and Resorts Ltd Investment of INR 73 Crores and an employment potential of 150 in Jharsuguda.
These projects spanning across diverse sectors from Semi-conductor to Tourism underscores Odisha’s Multifaced growth strategy and steps towards industrial revolution.
The project details are as follows which received approval from the committee:
Sl No – Project Name -Project Description -Project Cost
(Rs in Cr) – Employment (Potential) – Sector – Location
1 RIR Power Electronics Limited
Manufacturing of Silicon Carbide (SiC) devices and SiC modules
510.80
206
Semiconductor and ESDM
InfoValley, Khordha
2 Nuvo Aeon Diamond and Jewellery Manufacturing LLP
Lab Grown Diamonds and jewellery manufacturing unit
256.50
300
Gemstone
Khordha
3 Hindalco Industries Ltd
Aluminium Battery Foil
834.00
1,038
Aluminium Downstream
Rengali, Sambalpur
4 Utkal Phosphates Private Limited
Manufacturing unit of SSP & GSSP fertilizer unit with annual capacity of 1,20,000 MT
62.07
110
Fertilizer
Paradeep, Jagatsinghpur
5 FourstarMetaliks Private Limited
50,000 MT MS Pipe and 40,000 MT MS Strip Plant
63.05
200
Steel (Downstream)
Sundergarh
6 KhedariaIspat Limited
Expanding its capacity by setting up 28,800 TPA Steel Billet, 28,200 TPA TMT Rod & MS pipes. 56.00
60
Steel (Downstream)
Sundergarh
7 M/s Maa Tarini Roller Flour Mills LLP Fully automated flour 58.30
75
Food, Beverage & Allied Sectors
Khordha
8 Milk Mantra Dairy Private Limited
Manufacturing unit for dairy products
51.10
1,060
Food, Beverage & Allied Sectors
Gop, Puri
9 Narayani Green Pack
Corrugated paper & paperboard containers manufacturing facility
50.84
120
Packaging
Khordha
10 Mayfair Hotels And Resorts Limited
Hotel and Resort
73.00
150
Tourism
Jharsuguda
11 New Laxmi Steel & Power Pvt Ltd
0.3 MTPA Stainless Steel Rolling Product. 547.00
1,186
Stainless Steel
Kalinga Nagar IE, Jajpur
12 Abhirav Industries Private Limited
1.2 MTPA Iron ore Beneficiation Plant and 0.8 MTPA Pellet Plant
231.81
250
Steel (Beneficiation & Pellet Plant)
Sundergarh
Total 2,794.47 4,715 
