Bhubaneswar: Describing the just-concluded Odisha Investors’ Meet held in Hyderabad as highly fruitful, Chief Minister Mohan Charan Majhi on Monday said the event is set to play a major role in accelerating the process of industrialisation and growth in the state.
Sharing details of the mega event, the Chief Minister told reporters in Bhubaneswar that the high-profile roadshow would immensely help in achieving the goal of Vision Odisha 2036 and Viksit Bharat 2047. Response received during the two-day event showed that Odisha is firmly on track to emerge as India’s largest investment hub, said Majhi.
He said the roadshow aimed at attracting investments in new-age, value-added sectors and place Odisha as the growth engine of eastern India and act as a catalyst to ‘Purvodaya.’
The Hyderabad meet featured 38 one-on-one high-level meetings and two sectoral roundtables focused on Pharmaceuticals and Aerospace & Defence sectors. The Pharmaceuticals roundtable included CXO-level representatives of eight leading companies, while the Aerospace & Defence session engaged 27 companies, reflecting Odisha’s growing strategic importance.
The roadshow was highly encouraging as 13 MoUs were signed with a total investment potential of Rs 27,650 crore with potential to generate over 15,900 jobs. This apart, 9 investment intent proposals amounting to Rs 39,131 crore, with potential to create more than 40,000 employment opportunities were received, Majhi said.
The Chief Minister emphasised that the ultimate measure of success lies in execution on the ground, beyond jus
t MoU signings.
The roadshow showcased Odisha’s industrial ecosystem, infrastructure readiness, and policy-driven growth model as the CM presented the vision for Samruddha Odisha by 2036, highlighting ease of doing business, real-time monitoring via the Chief Minister’s Dashboard, and empowerment of District Collectors for timely project execution.
Over the last 18 months, under Utkarsh Odisha 2025, the state government has approved 343 large industrial projects worth over Rs 7.1 lakh crore, generating 4.65 lakh jobs. Besides, it has grounded or inaugurated 85 projects valued at over Rs 2 lakh crore, creating more than 1.65 lakh jobs.
The Hyderabad engagements covered sectors including pharmaceuticals, medical devices, advanced manufacturing, renewable energy equipment, electronics & ESDM, textiles, IT & data centres, and aerospace & defence, reflecting Odisha’s transition towards a value-added, diversified industrial economy.
The Chief Minister visited Bharat Dynamics Limited (BDL) in Hyderabad, highlighting Odisha’s commitment to strengthening India’s defence manufacturing ecosystem through MSMEs, startups, and skilled manpower. A stop at the Statue of Equality reinforced Odisha’s focus on inclusive, humane economic growth.
Over the next three months, Odisha will intensify follow-ups to convert MoUs and investment intents into grounded projects, with sector-specific focus on pharmaceuticals, electronics, aerospace & defence, renewable energy, and advanced manufacturing.
A key milestone will be Enterprise Odisha 2026 to be held on January 28-29 in Rourkela, showcasing Odisha’s industrial capabilities, MSME strengths, startup ecosystem, and investment-ready infrastructure.
The Chief Minister reaffirmed Odisha’s long-term strengths—port-led industrialisation, expanding industrial corridors, multimodal connectivity, fiscal discipline, and transparent policies—enabling investors to plan confidently and execute projects swiftly.