Bhubaneswar, Odisha(Newshub Desk) – In a major push for industrial development, the Odisha government has approved fresh investments worth ₹3,898.54 crore.
These investments are expected to create over 7,464 job opportunities across 11 districts in the state, strengthening Odisha’s position as a rapidly growing industrial hub.
A total of 19 projects have been sanctioned, covering a wide range of sectors such as steel, metal ancillary & downstream, food processing, chemicals, tourism, apparel & textile, and logistics. This strategic decision aims to enhance economic growth and create sustainable employment opportunities for the local workforce.
Key Developments:
The steel sector receives significant investment, reinforcing Odisha’s status as a leader in metal production.
The food processing industry sees new entrants, promoting agro-based businesses and boosting local agricultural produce.
Chemicals and logistics sectors expand, ensuring better supply chain networks for industries across the state.
Tourism gets a boost with projects aimed at infrastructure development, enhancing Odisha’s appeal as a tourist destination.
Odisha continues to attract investors due to its business-friendly policies, availability of natural resources, and proactive governance. These projects mark another step forward in the state’s industrial roadmap, strengthening its economy and providing extensive job opportunities to local residents.
