Odisha approves investment proposals worth Rs 563 crore

Bhubaneswar: The Odisha government has approved two investment proposals worth Rs. 563 crore in the 90th State Level Single Window Clearance Authority (SLSWCA) meeting today.

These proposals will create more employment opportunities for 1273 people.

The projects were approved in Plastics, Downstream Aluminium among others.

The meeting was held under the Chairmanship of Chief Secretary Asit Kumar Tripathy in Lok Seva Bhawan here.

The SLSWCA approved the proposal of M/s Glen Industries Pvt. Ltd. to set up Plastic Food Containers & Moulded Paper products manufacturing unit with annual capacity of 9261 MT, with a total investment of Rs. 63crore and providing employment to about 273 people.

In a big boost to the State’s Aluminium Downstream sector, the SLSWCA has also been approved the proposal of M/s Jindal Aluminium Limited to set up an expansion for setting up 75,000 MT/annum Aluminium Extrusions plant with an additional investment of Rs. 500crore of capacity.

It will provide additional employment opportunities for 1000 people.