Odisha Economy

The court held that promissory estoppel cannot compel the state to act against mining law or confer an enforceable commercial right over natural resources held in public trust.

Panel comprising economists, former bureaucrats and Sarvam AI co-founder will advise on growth, fiscal management and structural reforms as Odisha pursues its 2047 target

The 19 projects spanning GCCs, compressed biogas, technical textiles, tourism and manufacturing are expected to generate 10,661 jobs across 10 districts

Data centres, AI and power projects dominate Odisha's record investment pipeline; 27 projects across 15 districts involving Rs 2.47 trillion are expected to generate 50,162 jobs

The integrated facility at Info Valley-II will manufacture SiC diodes and MOSFETs, with projected five-year exports of ₹7,043 crore and employment for around 1,270 people

The three-day roadshow generated 24 investment proposals, including eight MoUs and 16 investment intents, with potential to create 618,725 jobs

With just 15.7% of its record FY27 capital outlay spent by July, Odisha is pushing departments to fast-track projects and unlock central capex incentives

Kerala released just 36.6 per cent of its MPLADS allocation to vendors, while Maharashtra and Uttar Pradesh recorded the largest gaps when measured in absolute rupees

Odisha could emerge as a major food-processing and agri-export hub by 2035, with Assocham projecting potential to reach $1 billion in agricultural and processed-food exports

The state signed 27 MoUs involving proposed investments of Rs 41,748 crore and received 12 additional investment intents worth Rs 1,689 crore at the New Delhi summit

Facility would trail only Google's intended Andhra project in scale

It targets scaling the regional economy from $22.4 billion to $500 billion by 2047

The Odisha Cabinet approved amendments to the ODA Act to enable Economic Region Development Authorities, with the Bhubaneswar-Cuttack-Puri-Paradeep region set to become the first ERDA

Odisha has been ranked fifth among states in NITI Aayog's recent Investment Friendliness Index, which Chief Minister Mohan Charan Maji termed a reflection of his government's commitment to transparent governance, industry-friendly policies and efficient service delivery. With an overall score of 52.4, the state is placed next to Gujarat, Maharashtra, Tamil Nadu and Goa in the "top performers" category. According to an official statement, the NITI Aayog report identifies these five states as leaders in fostering a conducive investment environment. The Investment Friendliness Index (IFI) is India's first comprehensive, evidence-based framework for evaluating the investment ecosystem of all states and Union territories. It assesses performance across eight critical pillars -- infrastructure, business climate, resources, government policy, regulatory ease, institutional environment, financial health and environmental resilience -- to benchmark states and promote competitive and ...

Odisha's investment surge has revived debate over whether it reflects the BJP's execution or the BJD's long-built industrial foundations

Odisha Chief Minister Mohan Charan Majhi says the state is shifting from attracting investments to executing projects, with manufacturing and jobs driving growth

The 1,080 MW thermal project in Odisha will supply electricity for Nalco's aluminium smelter expansion while integrating renewable energy and long-term coal supplies

PM Modi said Odisha will play a central role in India's journey towards becoming a developed nation, highlighting investments, tribal welfare and the Centre's Purvodaya strategy

CM Mohan Charan Majhi said Odisha recorded 7.9 per cent growth in FY26 while maintaining fiscal discipline and accelerating investments in infrastructure, human development and industry

The State Level Single Window Clearance Authority approved 24 projects across 14 districts, with textiles, manufacturing, tourism and clean energy leading job creation