Odisha

Naveen Inaugurates 4 Industries, Lays Stone For 17 New Projects

By
OB Bureau

Bhubaneswar: Chief Minister Naveen Patnaik on Tuesday inaugurated 4 key industrial units and laid foundation stones for 17 projects during 17th phase of the ground-breaking and inauguration ceremony for new industrial units in Odisha.

The cumulative investments for these industries are estimated to be Rs 3,600 crore. The industries are expected to create employment opportunities for 9,200 persons.

Speaking on the occasion, the Chief Minister said Odisha now ranks second among the top states in attracting investments. The government’s endeavour in making the state a top choice for investors is taking shape, he added.

“We have always endeavored to provide a hassle-free environment and a prompt system for doing business in Odisha on the philosophy of 5T initiative. The Make in Odisha Conclave-2022 was an outstanding success as it could potentially generate around 10 lakh jobs in the state. These industries are the result of the Make in Odisha Conclave, where various companies expressed their investment intent in the state,” he said.

Principal Secretary, Industries Hemant Kumar Sharma informed about the units and significance of the projects in his address. The capatains of several industries also spoke. IPICOL and IDCO MD Bhupinder Punia proposed the vote of thanks.

Chief Secretary PK Jena, Development Commissioner Anu Garg, secretary to CM (5T) VK Pandian and principal secretaries of different departments were present.

The ground-breaking and inauguration ceremony was held for projects spread across diverse sectors like Cement, Food Processing, Agro Processing, Plastics, Power & Renewable Energy, IT & ESDM, Steel Downstream, Textile & Apparel, and Tourism. The projects are spread across different districts including Angul, Balasore, Cuttack, Dhenkanal, Khurda, Puri, Jharsuguda, Sambalpur, Sonepur and Sundargarh.

Following are the details of the projects which were inaugurated:

– Shiva Cement with investment of Rs 1,523.24 at Kutra, Sundergarh
– Gadre Marine Export Rs 68.11 crore Tundara, Balasore
– HIL Limited Rs 63.24 crore Balasore
– Rarean Fluid-Tech Rs 49.50 97 crore Jaymangal, Khurdha

OB Bureau

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