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Odisha CM Launches Rs 1.15 Lakh Crore Industrial Projects, Including Tata’s, In Jajpur

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Odisha CM Launches Rs 1.15 Lakh Crore Industrial Projects, Including Tata’s, In Jajpur

by OB Bureau
May 22, 2025
in Odisha, Top Headlines
Reading Time: 3 mins read
Odisha CM Launches Rs 1.15 Lakh Crore Industrial Projects, Including Tata’s, In Jajpur
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Jajpur: In a significant step towards transforming Odisha into a leading industrial powerhouse, Chief Minister Mohan Charan Majhi on Thursday inaugurated and laid the foundation stone for 24 industrial projects in Jajpur district, with a total investment of Rs 1,15,000 crore.

The projects have the potential to generate 36000 employment opportunities, marking a transformative step towards making Odisha a top industrial destination in India.

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Industries Minister Sampad Chandra Swain, Textiles, Handlooms & Handicrafts Minister Pradeep Balsamant, Jajpur MP Rabindra Narayan Behera, industry leaders and other dignitaries were present on the occasion. More than 20,000 people gathered to witness the inauguration and groundbreaking ceremony.

Speaking on the occasion, the Chief Minister said, “Today, Odisha stands at a historic turning point. With the launch of industrial projects worth ₹1.15 lakh crore in Jajpur, we are not merely laying foundation stones we are building the future. Now, 36,000 employment opportunities are being created, ensuring that our youth can grow with pride in their own land. In just 113 days, we’ve turned commitments into concrete progress. This is the result of our government’s willpower, dedication, and belief in action over words. Kalinganagar now shines as the economic lifeline of a self-reliant Odisha. Inspired by Prime Minister Modi ji’s vision, we reaffirm that Odisha is not just a land of heritage, but a land of limitless opportunity and industrial excellence.”

This event marks a major milestone in the state government’s post Utkarsh Odisha-Make in Odisha Conclave 2025. It comes within 4 months of the Utkarsh Odisha conclave, reflecting the government’s unwavering commitment to converting investment intent into action with speed and efficiency.

The projects are strategically located across Kalinganagar, Danagadi, and Badachana in Jajpur district further solidifying the region’s status as a key node in Odisha’s industrial growth corridor. These projects span critical sectors such as steel, ferro alloys, chemicals, solar energy, refractory materials, automotive components, warehousing, and food processing.

Among the inaugurated projects, the spotlight is on Tata Steel Ltd’s 5 MTPA Integrated Steel Plant (ISP) expansion at Kalinganagar with a massive investment of Rs 47,599 crore, promising 4,625 jobs. Other notable projects include JSL Group’s petroleum and solar power venture worth Rs 470 crore, and Abis Exports India Pvt Ltd’s poultry feed plant with a potential to generate 850 jobs.

The ground breaking segment is led by the Rs 61,769 crore steel plant expansion by Neelachal Ispat Nigam Limited (NINL), which is set to become one of the largest steel manufacturing units in the region, creating 14,000 direct employment opportunities.

Adding to the momentum are multiple global players investing in Odisha:

• Linde India Limited, a major player in industrial gases, is setting up an Air Separation Unit with an investment of ₹425 crore, enhancing local industrial self-sufficiency and ensuring reliable gas supply to the steel and manufacturing ecosystem.

• TYK Ceramics India Pvt Ltd (FDI from Japan) is investing ₹57 crore to manufacture high-end refractory products used in advanced steelmaking, supporting both local production and technological upgradation.

• Almamet India Pvt Ltd, a German multinational, is investing ₹50.6 crore in a unit for magnesium granules and calcium carbide, boosting Odisha’s specialty chemical production.

• Neo Industries Metal Processing Pvt Ltd from the USA is bringing in ₹72 crore for chrome plating and steel surface finishing, which will improve steel quality and add to the state’s value-added manufacturing capabilities.

• Corewire Surface Technology Pvt Ltd from the UK is investing ₹50.1 crore to set up a facility for the rebuilding of steel rolls, adding strength to Odisha’s metallurgical supply chain.

• Lechler India Pvt Ltd, another prominent German company, is establishing a precision nozzle and steel fabrication unit with an investment of ₹1.5 crore, supporting cleaner and more efficient industrial processes.

Industries Ministeri Sampad Chandra Swain, remarked: “Odisha is moving ahead with a new wave of industrial growth. With investments of over ₹1.15 Lakh Crore and 36,000 job opportunities, we are turning dreams into reality. From global giants to local MSMEs, industries are rising across regions. This is not just about factories it’s about jobs for our youth, pride for our people, and progress for every Odia. With the people’s trust and the government’s strong will, we are building a self-reliant and prosperous Odisha where opportunities grow, and every citizen moves forward with confidence.”

Minister for Textiles, Handlooms & Handicrafts, Pradeep Balsamant, said: “As we drive large-scale industrialisation, we remain equally committed to the upliftment of our traditional sectors. The convergence of modern industry and Odisha’s rich artisanal heritage will pave the way for inclusive growth and long-term prosperity.”

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