Odisha govt approves industrial projects worth Rs 1250 cr

Bhubaneswar: The Odisha government on Tuesday approved eight industrial projects with an investment of Rs 1250 crore. These projects are expected to create employment opportunities for 3640 persons.

The State Level Single Window Clearance Authority (SLSWCA) led by Chief Secretary Pradeep Kumar Jena approved the projects including a proposal by Vedanta Limited to set up 4.5 million ton per annum (mtpa) iron ore beneficiation plant at Koida in Sundergarh district with an investment of Rs 80 crore.

The projects span various sectors, exemplifying Odisha’s expanding industrial ecosystem. In the apparel & textiles sector, B K International Private Limited has been approved to establish a manufacturing unit for socks, projected to bring in an investment of Rs 52 crore and generate employment for 800 individuals.

Mamta Fabrics Pvt Ltd’s readymade garments manufacturing unit shall be established with an investment of Rs 50 crore. It is expected to offer employment opportunities to 2,000 individuals, further fortifying the textile industry in Khurdha.

In the steel (downstream) sector, a reputed manufacturer will set up a               cutting-edge manufacturing unit for producing 1,80,000 nos. of steel doors and windows along with other products, earmarking an investment of Rs 147.64 crore and creating job prospects for 150 people.

Nezone Tubes Utkal Limited plans to expand its existing facility by establishing a manufacturing unit for 1,60,000 MT MS square and rectangular pipes and tubes, entailing an investment of Rs 105.00 crore and generating employment for 50 individuals, at Kalinga Nagar, Jajpur.

The mining and metallurgy sector in Odisha receives a further boost with the approval of Vedanta Limited’s 4.5 MTPA Iron ore Beneficiation Plant. This project, estimated at an investment of Rs 80.00 crore, is expected to provide employment to 152 people and enhance the state’s capabilities in steel beneficiation, located at Koida in Sundergarh district.

The Agro Processing industry further flourishes in Odisha with three key projects receiving the green light for production of grain-based ethanol, with a combined investment of approximately Rs. 810 crore, generating employment for around 500 people, in Western Odisha along the Biju Economic Corridor.