Bhubaneswar: Odisha government Thursday cleared a record breaking Rs 1,36,622.24 crore worth of investment.
The second High Level Clearance Authority (HLCA) under the chairmanship of chief minister Mohan Charan Majhi approved the investment proposals of 20 transformative industrial projects.
These projects, spanning across diverse sectors such as steel, chemicals, green energy, textiles, and more, are poised to generate employment for over 74,350 individuals and significantly bolster Odisha’s economic growth.
Odisha is the premier investment destination in Eastern India, as demonstrated by the success of the Utkarsh Odisha roadshows held in Delhi, Mumbai, and Singapore. Under the leadership of CM Majhi, the State has successfully attracted significant investor interest.
In just six months since the formation of the new government in June 2024, over 1.1 lakh jobs will be created through 73 industrial projects, collectively attracting investments exceeding Rs 1.80 trillion.
Speaking at the meeting, Majhi emphasized the state’s unwavering commitment to fostering an investment-friendly ecosystem.
” Through strong cooperation between the State and Central governments, we have fostered a business-friendly environment that attracts investors to Odisha. Our focus is on creating an ecosystem that promotes inclusive growth,
sustainability, and job creation. With a focus on developing a strong ecosystem and creating new opportunities, Odisha is set for remarkable growth. Utkarsh Odisha 2025 will mark the ବେଗିଣ୍ଣିଙ୍ଗ of a new era, positioning Odisha as a premier investment destination,” he said.
