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Odisha Approves 16 Industrial Projects Worth Rs 4183 Cr With 13,000 Job Potential

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Home City Bhubaneswar

Odisha Approves 16 Industrial Projects Worth Rs 4183 Cr With 13,000 Job Potential

by OB Bureau
December 31, 2022
in Bhubaneswar, City
Reading Time: 2 mins read
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Bhubaneswar: Buoyed by the whopping success of the recently held  Make In Odisha Conclave, the state government on Saturday approved 16 industrial projects worth Rs 4183 crore with a potential to generate nearly 13,000 jobs.

The State Level Single Window Clearance Authority (SLSWCA) which met under the chairmanship of Chief Secretary Suresh Chandra Mahapatra approved the projects that would generate employment opportunities for over 12,973 people in the state across 9 sectors.

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The projects approved in the meeting belonged to diverse sectors like paper, wood and forest-based, food processing, textile, apparel and technical textile, metal ancilliary and downstream, polymers and plastic products, plastic, waste management, circular economy, chemical, tourism and cement, an official release said.

The approved projects will be set up across the state. While six projects will be set up in Khurda, three are proposed to come up in Puri, two in Koraput and one each in Cuttack, Bhadrak, Dhamara, Mayurbhanj and Angul.

The SLSWCA approved two proposals of Greenply Industries, India’s pioneer interior infrastructure company, under the name of Greenply Speciality Panels Pvt Ltd & Greenply Sandila Pvt Ltd. The company seeks to set up two manufacturing units for production of new medium density fibre board having annual capacity of 2,56,000 cubic metre and new plywood & allied product manufacturing unit having annual capacity of 13.5 million square meters in Semiliguda, Koraput. It proposed an investment of Rs 505 crore & Rs 101 crore respectively, generating employment for over 1300 people.

The committee gave a nod to the proposal of TRL Krosaki Refractories Ltd to set up a refractory manufacturing unit for the Metal Ancilliary & Downstream industry in Dhamra. The unit is being set up at an investment of Rs 650 crores and is expected to generate employment opportunities for over 700 people.

In the Hospitality sector, the committee approved the proposal by Prabhukrupa Estates & Properties for setting up a 4 star Hotel & Convention Centre named “Ananya Beach Resort” at an investment of Rs 50.84 crores. This is likely to generate an employment opportunity for over 110 people. The project will be coming up in Sipasurubuli, Puri.

In the food processing sector the committee approved an investment of Rs 624 crore for Varun Beverages Limited, largest manufacturer of PepsiCo’s products in India, to set up a manufacturing facility for beverages, packaged drinking water, beverage-based syrups, PET preform along with 3.0 MW captive rooftop solar power plant in Khurda. The project is expected to create over 220 jobs in the state.

Jindal Panther Cement Pvt Ltd has also received an approval from the committee to set up their cement manufacturing unit in Angul at an investment of Rs 955 crore generating employment potential of 350.

In Apparel & Technical Textile sector, the government cleared four projects which are likely to generate jobs for nearly 8,434 people.

This apart, SLSWCA recommended 10 large projects to High Level Clearance Authority (HLCA) for consideration, which are expected to create employment opportunities for around 30,000 persons.

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