Odisha seafood park gets Rs 466 cr investment proposals

The park will process 90,860 tonnes a year of seafood and is expected to generate 7,214 jobs

The seafood park being developed by Odisha at Deras on the city's outskirts has bagged investment proposals worth Rs 466 crore from 20 companies. The park will process 90,860 tpa of seafood and is expected to generate 7,214 jobs.

Major companies that have already committed investments for setting up units at the seafood park are Falcon Marine Exports, Magnum Seafoods, Utkal Exports and Vizag-based Coastal Corporation. Falcon Marine Exports will set up the largest seafood processing unit with a capacity of 37,000 tonnes per annum (tpa) of seafood and provide employment opportunities for 4,060.

Sanjeev Chopra, principal secretary, industries (Odisha) said, "The state government