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Odisha Government Greenlights ₹3,793 Crore Investment Plans to Boost Employment

The Odisha government has approved investment proposals amounting to ₹3,793 crore, which are projected to create over 19,000 jobs. This decision was made during a meeting of the State Level Single Window Clearance Authority, where 24 proposals across various sectors were greenlit. Key projects include a lab-grown diamond facility and battery energy storage systems, set to be implemented in 14 districts. This initiative marks a significant step towards boosting the state's economy and employment opportunities.
 

Significant Investment Approved in Odisha


Bhubaneswar: The Odisha government has recently sanctioned investment proposals totaling ₹3,793 crore, which are expected to generate employment opportunities for more than 19,000 individuals, according to official sources.


These proposals received approval during a meeting of the State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Anu Garg.


A total of 24 industrial investment proposals spanning various sectors were approved, including steel and metal downstream, renewable energy, advanced materials, electronics and EV components, textiles and apparel, tourism and hospitality, infrastructure and logistics, food processing, consumer products, chemicals, and emerging technologies.


The projects will be executed across 14 districts in the state, namely Khurda, Dhenkanal, Jharsuguda, Koraput, Jajpur, Sambalpur, Keonjhar, Bolangir, Puri, Cuttack, Sundergarh, Ganjam, Jagatsinghpur, and Mayurbhanj.


Notable projects that received government approval include a ₹500 crore investment by AVP Star Private Ltd for a lab-grown diamond manufacturing facility in Khurda, and CESC Green Power Ltd's battery energy storage systems (BESS) in Dhenkanal, which will require an investment of ₹683.83 crore.