Bhubaneswar: Chief Minister Naveen Patnaik on Tuesday inaugurated seven industrial projects and performed groundbreaking of 10 projects.
While seven inaugurated projects have attracted an investment of Rs 152 crore, ten projects for which ground-breaking was done, will come up at an investment of Rs 848 crore. All the projects will create employment opportunities for 2400 persons.
The projects ranging from food processing, tourism, plastic, manufacturing and fertiliser sectors will create potential employment for over 2,400 persons. Some of the leading companies promoting these projects include IFFCO, Ramco Cements and Coastal Biotech.
Speaking on the occasion Naveen said “Odisha is fast emerging as the manufacturing hub of eastern India. We have been marching ahead on the path of industrial development and are consistently ranked amongst the top states in terms of live manufacturing investments in India.”
Focussing on the 5T initiative “My Government has taken up several proactive measures towards development of industries. This has created an industry-led ecosystem of value addition, sustainable employment generation and revenue augmentation in the state.”
Minister of Energy, Industries, MSME, Dibya Shankar Mishra, said the government has taken several initiatives to attract investments in sectors that provide employment to a large number of people.
Among others Chief Secretary Suresh Chandra Mohapatra; Principal Secretary Industries, Hemant Sharma; Principal Secretary, MSME, Satyabrat Sahu; CMD IDCO Krishan Kumar; MD IPICOL BS Poonia and Secretary to CM (5-T) VK Pandian attended the programme.
The projects that were inaugurated are:
● A shrimp processing and cold chain unit at Khantapada, Balasore by Highland Agro against an investment of INR 53.08 crore, which will generate potential employment opportunities for over 445 persons.
● A polyurethane foam manufacturing unit at Jaymangal, Khurda by Shree Malani Foams against an investment of INR 135 crore, which will generate potential employment opportunities for over 135 persons.
● A resort at Gopalpur, Ganjam by Specadi Resorts Private Limited against an investment of INR 22.96 crore, which will generate potential employment opportunities for over 75 persons.
● A Paper and Packaging Products unit at the Industrial Estate, Khurda by Utkal Speciality Industries India Private Limited against an investment of Rs 7.61 crore, which will generate potential employment opportunities for over 45 persons.
● A mattress and foam unit at Chhatabar, Khurda by Mehan Industries against an investment of Rs 5.82 crore, which will generate potential employment opportunities for over 86 persons.
● An Amusement Park at Balasore by Padmabati Amusement Park against an investment of Rs 5.05 crore, which will generate potential employment opportunities for over 63 persons.
● A water park at Bargarh by aqua island against an investment of Rs 4.75 crore, which will generate potential employment opportunities for over 30 persons.
The recent amendment of industrial policy resolution (IPR) – 2015 aims to further diversify investments in the new-age industries, linked with center’s PLI scheme including electric vehicles, (EVs), EV components and green energy equipment.
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