Odisha Investments

Confident Odisha will lead India in investments soon, says CM Manjhi

CM Majhi says Odisha is witnessing record industrial activity, signing projects worth ₹50,000 crore in maritime development and ₹13 trillion in overall investments

Vedanta to invest ₹1 trn more in Odisha, add 100K jobs across three plants

Vedanta Group to build three new plants - one for ferro-alloys and two for aluminium - taking its total investment in Odisha to ₹2 trillion and creating over 100,000 jobs

We have sanctioned investments of Rs 2.5 trn, says Odisha CM Majhi at PBD

We are organising a Make In Odisha conclave, they are in touch with us that they will invest in Odisha, CM Majhi said

President Droupadi Murmu on three-day visit to Odisha from October 23

President Droupadi Murmu is scheduled to embark on a three-day visit to Odisha from October 23, during which she will lay the foundation of several key railway and development projects in the state, an official release said. President Murmu will land at Bangriposi Helipad in Mayurbhanj district at 9.55 am on October 23. From there, she will proceed to Bangriposi railway station by road and lay the foundation of three new railway lines -- Bangriposi-Gorumahisani, Buramara-Chakulia and Badampahar-Kendujhargarh, it said. These projects, sanctioned by the Ministry of Railways, are expected to enhance connectivity and economic growth in the region. Murmu is also scheduled to virtually lay the foundation of three projects Tribal Research Centre, Dandabose Airport, and a sub-divisional hospital. Later in the day, the President will fly to Rangamathia and visit Uparbeda Government Upper Primary School in her village. On October 24, the President will visit Jagannath Temple in Puri and see

Odisha investments tank 67% by value in FY19, job creation potential halves

Not all investment intents of Make in Odisha 2018 translated into commitments; several projects stuck in 'labyrinth of approvals'

Odisha's investments in PSUs yield poor returns, says CAG report

Out of 147 entities where the government poured funds, only 12 had paid dividend- two rural banks, nine government companies and one statutory corporation

Odisha's EMC to house Rs 500 crore investment by March 2019

The cluster has drawn investors in mobile handset manufacturing, solar modules, printed circuit boards, electric vehicles and IoT (Internet of Things) devices

Odisha okays Rs 3.4-bn investment in downstream metals, logistics, tourism

Cleared investment proposals to create employment opportunities for 1,354 people

Odisha seeks Korean investments in Paradip petroleum investment region

The PCPIR is being developed in Paradip to provide a conducive business environment, promoting and attracting exclusive investments in the petroleum, chemicals, petrochemicals and allied sectors

In Odisha, approved investments show tilt to emerging sectors

Approved projects in new focus sectors have a potential to generate 95,235 jobs, says official data

Seventy-four firms pledge investments worth Rs 2 lakh cr in Odisha

The Odisha government has received investment commitments worth more than Rs 2 lakh crore from 74 companies in various sectors, including electronics, food processing, metals and minerals. "Last year, we had signed memorandum of understanding (MoUs) worth Rs 3.6 lakh crore with 124 companies during Make in Odisha Conclave in Bhubaneswar, Odisha Investors' Meet in Bengaluru, and 'Make in India' Week in Mumbai. "Out of them, we have received 74 firm commitments (eBiz applications received) amounting to Rs 2,02,522.8 crore," Odisha Principal Secretary, Industries Department, Sanjeev Chopra told PTI here. Chopra said the amount committed are from various sectors like fertiliser, refinery, petrochemical, chemical and plastics, food processing, healthcare, infrastructure, IT and Electronics System Design & Manufacturing, manufacturing. Besides, metals and minerals, power and renewable energy, textile and apparel and tourism, are other sectors which have made firm ...