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Odisha

Odisha govt approves 23 industrial projects worth Rs 4,111.8 crore

The approved projects cover a wide range of sectors, including mechanical and electrical capital goods, apparel and textiles, aerospace and defence manufacturing etc.

Express News Service

BHUBANESWAR: The state-level single window clearance committee presided by chief secretary Anu Garg on Tuesday approved 23 new industrial proposals worth Rs 4,111.8 crore to be implemented in 11 districts with an employment potential of nearly 10,000.

The approved projects cover a wide range of sectors including mechanical and electrical capital goods, apparel and textiles, aerospace and defence manufacturing, shipbuilding and ship repair, pharmaceuticals, chemicals, refractories, aluminium downstream industries, mineral beneficiation, metal downstream, etc.

In the steel sector, Kalinga Metalics Limited’s proposal for setting up a 4 MTPA capacity iron ore beneficiation plant in Sundargarh with an investment of Rs 600 crore was cleared. Similarly, Shree Ram Iron and Alloys Private Limited has proposed to set up 0.8 MTPA pellet plant in Deogarh with an investment of Rs 250 crore. Other projects in this sector include, Rashmi Metallurgical Industry Private Limited’s 3 MTPA iron ore beneficiation plant with tailing pond in Sundargarh at an investment of Rs 350 crore.

Aryas Ore Refinery Private Limited’s iron ore beneficiation plant in Sundargarh with an investment of Rs 51 crore and Eastside Subh Steel Private Limited’s steel processing unit in Sundargarh with an investment of Rs 60.05 crore were also approved.

Other important projects include the railway component manufacturing in the mechanical and electrical goods sector by Nipha Limited in Khurda district with an investment of Rs 384 crore. Inventgrid India Private Limited has proposed to set up an advanced multi-drone manufacturing centre in Ganjam district with an investment of Rs 300 crore. This unit is expected to generate 1,000 jobs, marking a major step in the state’s aerospace and defence manufacturing ecosystem.

Northern Express Infra Developers Private Limited will develop a shipbuilding and ship repair facility in Bhadrak district with an investment of Rs 339.40 crore. JG Hosiery Private Limited will establish an apparel manufacturing unit in Khurda with an annual production capacity of 14.97 crore pieces with an investment Rs 100 crore, generating 2,350 jobs, making it one of the highest employment-generating projects in this clearance.

Alventa Pharma Limited has proposed to set up a pharmaceutical formulation unit in Khurda with an investment of Rs 100 crore, while Blue Mount Energy Private Limited will establish a sorbitol manufacturing unit in Cuttack with a production capacity of 17,000 tonne per annum, at an investment of Rs 100 crore.

Sarvesh Refractories Limited’s proposal to expand its existing unit by setting up a silica brick manufacturing plant in Sundargarh with an investment of Rs 62 crore has been approved, while Jharkhand Grind Chem Private Limited has proposed to establish a refractories unit in Jajpur with an investment of Rs 67.15 crore. Romco Aluminates (Koraput) Private Limited will set up an alumina-based refractories manufacturing unit in Koraput with an investment of Rs 54.50 crore.

Major projects

  •  Kalinga Metalics Ltd: 4 MTPA iron ore beneficiation plant in Sundargarh with `600 cr investment

  •  Nipha Limited: Railway component manufacturing in Khurda with `384 cr investment

  •  Inventgrid India Pvt Ltd: Drone manufacturing unit in Ganjam with `300 cr investment

  •  Northern Express Infra Developers: Shipbuilding and repair in Bhadrak with `339 cr investment

  •  JG Hosiery Pvt Ltd: Apparel unit in Khurda at `100 cr investment

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