Odisha govt approves land allotment to 38 investment projects to invest Rs 508.19 cr

Bhubaneswar: The Odisha government Monday accorded in principle approval for allotment of land to 38 investment projects.

The projects would invest around Rs 508.19 crore to create an employment of 4,479 persons, said an official.

The high-level land allotment committee chaired by chief secretary A.P Padhi approved the land allotment to the projects.

Industrial Infrastructure Development Corporation (IDCO) chief managing director Sanjay Singh said the projects which got the land allotment, would bring an investment of around Rs 508.19 crore with an employment potential of 4479 persons.

A total of around 71-acre land was allotted in industrial estates of Khurdha, Chhatabar, Analapatna, Deras, Mancheswar, Rasulgarh, Andharua, Janala and Bhagabanpur to the investment projects.

The industries are in sectors like vegetable and oil refinery, instant pasta, vermicelli and sweet potato, manufacturing of boats, launches, barges, tugs, chemical tanks machine conveners, seeds processing, manufacturing of garments, and packaged drinking water.