BHUBANESWAR: The State Government on Friday approved establishment of three industrial parks in the private sector in a bid to attract employment intensive investment to Odisha.
The projects to be established with an investment of `1640 crore will create employment opportunities for 7,900 persons. A decision to this effect was taken at a meeting presided by Chief Secretary AP Padhi.
The gems, jewellery, lifestyle and luxury goods park to be set up by Gitanjali Infratech Limited at Ramdaspur in Cuttack district over 100 acres of land with an investment of `636 crore will create employment opportunities for 16,000 persons. The park, to be developed in three phases, will have processing technologies for cutting and polishing of diamonds, precious and semi-precious stones, manufacturing of gold, silver, platinum and imitation jewellery. It will also have common facilities like testing laboratories and exhibition hall, centres for research and development, skill development, certification and hall marking.
The proposal of Jindal Stainless Steel Limited for setting up downstream stainless steel park at Kalinganagar in Jajpur district with an investment of `704 crore was given in principle approval. The park will have 71 small and medium units in auto manufacturing, kitchenware and lifestyle, light engineering, white goods, precision cold rolling and pipe and tubes sectors and a service centre. The park will create employment opportunities for 4,800 persons.
Similarly, proposal of Welspon Odisha Steel Private Limited for setting up a food processing, warehousing and electrical equipment park in Dosinga and Chainipahi villages of Bhadrak district near Dhamra port was also given in principle approval.
The park, proposed to be developed over 175 acres of land with an investment of `300 crore, will create employment opportunities for 1,500 persons. The anchor investor has been asked to complete first phase of the project within two years so that industrial units in sectors like edible oil, deep freezing, food storage, seafood processing and export oriented apparel will come up during the period.
Additional Chief Secretary in Micro, Small and Medium Enterprise department LN Gupta, Principal Secretary in the Industry department Sanjeev Chopra and senior officials were present.