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46 out of 92 MoU units start production in Odisha

Sesa Sterlite, GMR Kamalanga and Jindal India Thermal Power Ltd have begun commercial production

Deal structuring eased, teething troubles remain
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BS Reporter Bhubaneswar
Forty six out of the 92 units that have signed memorandum of understanding (MoU) with the Odisha government, have commenced either partial or full scale production.

"The industries that have started partial or full operations have invested Rs 2.53 lakh crore, generating employment for 152,398 people in the state", industries minister Debi Prasad Mishra informed the Odisha Legislative Assembly through a written reply.

The operational industries have recruited 101,147 persons from the state and the rest from elsewhere.

From 2004, the Odisha government has signed MoUs with 92 companies across sectors like steel, aluminium, cement, thermal power, downstream, auto components