Odisha Govt gives approval for investment of Rs 26,000 crore

Odisha government has accorded in-principle approval for investment of Rs 26,000 crore which will provide employment opportunities to 17,500 people, official sources said.
While the State Level Single Window Clearance Committee headed by Chief Secretary A P Padhi today accorded approval for 14 different projects worth investment of Rs 25,474 crore, the same committee on January 31 had given its nod for investment of another 697 crore.
"The state government within a span of 30 days has approved investment of Rs 26,000 crore," an official said adding that these 21 projects will provide employment to around 17,500 people.
The official said the investment has come to the state in apparel, metal, pharmaceutical, chemical, food processing, power, renewable energy, tourism and fertiliser sector.

Stating that there has been remarkable progress in conversion of the intent to invest to real investment projects in the state, the official said that the state's handholding support and regular follow up has yielded results in terms of investment.
A total number of 33 projects with investment potential of more than Rs 29,000 crore have been mobilised after the Make In Odisha conclave, he said adding that all these units will together generate employment potential for more than 33,000 people.