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HLCA Approves 8 Industrial Projects With Rs 32,736 Crore Investment In Odisha

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Home Policy & Politics Government

HLCA Approves 8 Industrial Projects With Rs 32,736 Crore Investment In Odisha

by OB Bureau
January 24, 2025
in Government, Odisha, Policy & Politics
Reading Time: 1 min read
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Bhubaneswar: Odisha’s High-Level Clearance Authority (HLCA) has approved eight transformative industrial projects with investment of Rs 32,736 crore.

The HLCA approved the projects at its 39th meeting in Bhubaneswar on Friday. These projects, spanning across sectors including chemicals, green energy equipment, ship building & repair and steel, are set to generate employment for over 18,688 individuals.

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The HLCA meetings for second time in this month came ahead of the Utkarsh Odisha 2025 conclave. Numerous roadshows organised by the state in Delhi, Mumbai, and Singapore has resulted in significant investor interest, with several companies now looking to invest in Odisha. As a direct outcome of these efforts, the state has approved these major projects, reflecting the growing confidence of businesses in Odisha’s industrial landscape.

Speaking on the occasion, Chief Minister Mohan Charan Majhi said, “The approval of these big projects before Utkarsh Odisha 2025 is a clear sign of our state’s growing industrial strength. These investments will create thousands of jobs and will directly benefit the people of Odisha. Our focus is to ensure that Odisha remains a top investment destination, driving progress and prosperity for our people.”

The approved projects are spread across Khurda, Jagatsinghpur, Ganjam, Sambalpur and Bhadrak districts. The HLCA meeting highlighted the state’s focus on innovation and sustainability, which will have a positive impact on the economy.

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