Odisha Industries

Tata Power to set up ₹54 crore GCC in Odisha for next-gen energy solutions

Tata Power's new global capability centre in Odisha will develop AI-driven solutions for the energy sector, with an investment of Rs 54.31 crore and plans to create 110 skilled jobs.

Tata Steel commissions ₹9,067 crore facilities at Kalinganagar plant

The new facilities include galvanising and annealing lines, a slurry pipeline and an air separation unit, while the NINL expansion aims to boost steelmaking capacity in Odisha.

Jindal Ferrous expands Odisha footprint with ₹5,000 cr carbon steel plant

Jindal Ferrous has commissioned its first integrated carbon steel plant at Jajpur in Odisha, with a 2.2 mtpa steel melt shop and an investment of ₹5,000 crore

Odisha unveils ₹40K crore industrial projects, eyes over 42,000 jobs

Chief Minister Mohan Charan Majhi inaugurated 24 facilities and laid foundation stones for 29 projects across 14 districts, with an estimated employment potential of 42,512.

Beyond port expansion, Odisha eyes ₹50,000 crore major maritime investments

Paradip's capacity expansion, the proposed Bahuda port and a Kendrapara shipbuilding cluster anchor Odisha's maritime investment pipeline of more than ₹50,000 crore.

Odisha clears 19 projects worth ₹3,280 cr as emerging sectors gain ground

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

Odisha wraps up UAE roadshow with ₹2.43 trillion investment proposals

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

Odisha govt to review Vedanta's ₹2 trillion investment plans every 15 days

The Odisha government will review Vedanta Group's proposed industrial projects every fortnight to accelerate implementation and ensure timely execution of investments

Odisha permits diversion of irrigated land for industries, but with a rider

Odisha allows diversion of irrigated land for industries, mandating firms to create double the lost irrigation capacity under a new compensatory framework

India's 1st Silicon Carbide manufacturing facility to be set up in Odisha

Odisha Chief Minister Mohan Charan Majhi Friday graced the ground-breaking ceremony of India's first silicon carbide manufacturing facility to be set up in Odisha at an investment of Rs 620 crore. The project will be developed by RIR Power Electronics Limited, a leader in India's semiconductor power electronics technology at the EMC Park, Infovalley, Bhubaneswar. This development places India and the state of Odisha squarely at the forefront of the global power electronics market, an official said. Attending the event, Chief Minister Mohan Charan Majhi said, The establishment of RIR Power Electronics Limited's facility is another notable step in our ongoing journey to make Odisha a leading semiconductor hub in India. He said this new facility will not only create state-of-the-art products but also open up a wealth of opportunities for our talented youth, providing them with avenues to work at the cutting edge of technology right here in Odisha. The facility will attract skilled ..

Coronavirus lockdown may interrupt operations in 21 mines in Odisha

Although the govt extended the validity of all statutory permits by 2 years for smooth transition, the lockdown is bound to delay the resumption of these mines

Odisha kicks off process to reach out to industries for business reforms

To commence, the state government hosted the maiden workshop at Angul to sensitize the industry on a suite of business reforms

Odisha Budget outgo up 16% to Rs 1.39 trn, stake eyes 8-8.5% growth in FY20

Budget seeks to strike balance between fiscal prudence and funding a bevy of welfare schemes, by curbing fiscal deficit for FY20 at 3.49% within the 3.5% cap mandated under FRBM Act

Odisha unveils 'industry care' initiative to drive reforms awareness

The engagement programme will facilitate expansion of existing units and support new units coming up in the state