BHUBANESWAR: Chief Minister Mohan Charan Majhi on Thursday returned with investment intents worth Rs 48,330 crore from his high-profile investor outreach in Gujarat.
The multi-city roadshow covering Ahmedabad, Mundra and Vadodara generated 71 investment proposals, including eight MoUs and 63 investment intents. The proposals, taken together, have the potential to create more than 67,838 jobs across diverse sectors.
The commitments span a broad industrial spectrum, including metal downstream industries, chemicals, pharmaceuticals, green energy equipment, infrastructure, logistics, food processing, textiles, IT and ITES, semiconductors, rare earth value addition, aerospace and defence, tourism, plastics, and power.
Addressing investors in Vadodara, Majhi said Western India had already led India’s industrial rise. “Now, for Viksit Bharat, Eastern India must rise, and Odisha is ready to lead that transformation,” he said.
Pitching Odisha as the growth engine of Eastern India under the Purvodaya vision, Majhi invited leading industries from Gujarat to expand their footprints in Odisha. He highlighted the state’s strategic advantage of being the trade gateway to East Asia, South-East Asia and Indo-Pacific markets through the major ports at Paradip, Dhamra and Gopalpur.
A major focus of the outreach was Odisha’s emerging clean energy and engineering ecosystem.
Majhi underlined the vast opportunities in solar manufacturing, integrated green energy supply chains, railway equipment manufacturing, fabrication, and industrial component production.
He also highlighted raw material availability, port-led logistics, and ease of doing business through swift clearances under the GO-SWIFT single-window mechanism. The state is transitioning from a resource-driven economy to a value-added manufacturing and advanced industrial base, he added.
The investors’ meet in Vadodara saw participation from over 200 industry leaders, business associations, and institutional stakeholders, where Odisha’s industrial ecosystem, investment-ready infrastructure, MSME strengths, skilled manpower base, and policy-driven manufacturing vision were showcased.
The overall Gujarat outreach witnessed over 132 structured engagements, including B2G meetings, four sectoral roundtables, and two large investor roadshows attended by more than 700 industry representatives and institutional stakeholders.
Industries Minister Sampad Chandra Swain said Odisha is increasingly being viewed as a natural industrial expansion destination for companies looking to strengthen their footprint in eastern India. The state’s industrial strategy is anchored in execution, policy stability, skilled manpower, and long-term growth partnerships, he added.
Chief Secretary Anu Garg and additional chief secretary of the Industries department, Hemant Sharma, were part of the delegation.