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Odisha CM’s Strategic Delhi Visit Attracts Rs 30,595 Cr Investment On Day-1

Odisha CM’s Strategic Delhi Visit Attracts Rs 30,595 Cr Investment On Day-1

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Odisha CM’s Strategic Delhi Visit Attracts Rs 30,595 Cr Investment On Day-1

by OB Bureau
April 7, 2025
in Business, Government, Odisha, Policy & Politics, Top Headlines
Reading Time: 2 mins read
Odisha CM’s Strategic Delhi Visit Attracts Rs 30,595 Cr Investment On Day-1
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New Delhi/Bhubaneswar: Odisha attracted investment proposals exceeding Rs 30,000 crore on the first day of the strategic visit of Chief Minister Mohan Charan Majhi to New Delhi to enhance the state’s industrial ecosystem.

The Chief Minister and his team held discussions with key business leaders and industry captains during the day. The outcomes of these discussions have been encouraging, said an official.

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The state secured investment intents from 14 companies, amounting to investments worth Rs 3,000 crore, which has the potential to generate approximately 21,390 jobs in our state.

Additionally, the state government also formalised 11 Memoranda of Understanding (MoUs) valued at Rs 27,595 crore, creating an estimated 27,000 employment opportunities.

In summary, the total investment generated from these discussions amounts to Rs 30,595 crore, with a potential to create jobs for approximately 48,390 individuals in the state.

The Chief Minister began the day with a visit to HCLTech Noida campus where he met with Roshni Nadar Malhotra, Chairperson of the company. He also toured the Kiran Nadar Museum of Art, which showcases the intersection of technology and culture.

During his visit, Majhi reaffirmed Odisha’s commitment to becoming a hub for technology-driven enterprises and expressed hope that HCL would expand its footprint in the State.

The Chief Minister also held a series of one-on-one meetings with industry leaders at the Taj Palace in New Delhi. Executives from Kiri Industries, Himadri Specialty Chemical Ltd., Chowgule Group, IREL, SLMG Beverages, Ruchi Soya Foods Ltd. (Patanjali Ayurved Ltd.), Inox GFL Group, OfBusiness, Quant Solar, and others engaged in discussions on expanding their operations in Odisha.

Official sources indicated on the second day of the visit, MoUs will be signed with Indian Oil Corporation Ltd. (IOCL) for its dual-feed naphtha cracker project in Odisha.

Additional MoUs with Indian Strategic Petroleum Reserves Ltd. (ISPRL) and Petronet LNG are also scheduled to be signed in the presence of the Chief Minister. More one-on-one meetings with industry leaders, focusing on investment opportunities and cross-sector collaborations, are expected to take place as well.

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