Bhubaneswar: The 43rd meeting of the High-Level Clearance Authority (HLCA) in Odisha has approved seven major industrial projects worth Rs 55,783 crore, expected to generate around 14,507 employment opportunities.
Chaired by Chief Minister Mohan Charan Majhi, the meeting highlighted the state’s focus on industrial diversification, technology-driven growth, and balanced regional development.
The approved projects span key sectors, including:
– Steel: Saffron Resources Pvt. Ltd. (JSW Group Company) will invest Rs 35,000 crore in Dhenkanal to establish a 6 MTPA steel plant, creating 8,000 jobs.
– Rare Earth Manufacturing: Jindal Poly Films Limited will invest Rs 12,000 crore in Ganjam to set up a 0.5 MTPA Titanium Dioxide Pigment manufacturing unit, generating 4,000 jobs.
– Automobiles and Auto-components: A reputed company will invest Rs 1,697 crore in Ganjam to establish a manufacturing unit for tyres, carbon black, and zinc oxide, creating 685 jobs.
– Semiconductors: Sancode Semi Pvt Limited will set up an Outsourced Semiconductor Assembly and Testing (OSAT) unit in Khordha with an investment of Rs 1,649.98 crore, creating 570 jobs.
– Industrial Gases: Inox Air Products Pvt Ltd will invest Rs 1,300 crore in Dhenkanal to set up an Air Separation Unit, generating 180 jobs.
– Ferroalloys: Ferro Alloys Corporation Limited will invest Rs 2,000 crore in Keonjhar to establish facilities for Ferro Manganese, Silico Manganese, and manganese ore beneficiation, creating 772 jobs.
– Power and Renewable Energy: GMR Kamalanga Energy Limited will invest Rs 2,136.02 crore in Dhenkanal to set up a 350 MW thermal power plant, generating 300 jobs.
Chief Minister Majhi emphasized that these investments will make Odisha strong, self-reliant, and ready for prosperity by 2036.